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Maersk Reports Record Profits But Warns Of Challenges Ahead

Third-quarter profits marked yet another record high for Maersk net income was $8.9 billion but it will be the last hurrah of the boom era.

Soren skouPatrick janyFreightos baltic daily

Fall in container spot rates much steeper, less orderly than expected | Hellenic Shipping News Worldwide

Fall in container spot rates much steeper, less orderly than expected | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

United statesPatrick janyBen nolanLos angelesMatt coxGreg millerChina california expressAsia west coastClarksons securitiesFreightos baltic daily indexChina west coastDrewry shanghai los angelesGolden weekDrewry global composite indexFreight waves

Fall In Container Spot Rates Much Steeper , Less Orderly Than Expected

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

United statesPatrick janyBen nolanLos angelesMatt coxGreg millerChina california expressAsia west coastClarksons securitiesFreightos baltic daily index china west coastDrewry shanghai los angelesGolden weekDrewry global composite index

Maersk abandons $1B sale of container business after DOJ investigation

Supply chain and logistics news

Henriette hallberg thygesenPatrick janyJonathan kanterDepartment of justiceMaritime commissionChina international marine containersDepartment of justice antitrust divisionMaersk container industryAntitrust divisionAttorney general jonathan kanterStrategic brands henriette hallberg thygesenFederal maritime commission

Maersk container manufacturing sale to CIMC abandoned on US objections

Maersk has abandoned its sale of reefer container manufacturing unit MCI to China International Marine Container (CIMC) after objections from US regulators.

United statesUnited kingdomPatrick janyJonathan kanterInforma markets united kingdomDepartment of justiceJustice department antitrust divisionUs department of justiceMaersk container industryAssistant attorney general jonathan kanterJustice departmentInforma markets

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