COSCO container ship makes first Suez Canal transit since Red Sea tensions
Egypt’s Suez Canal witnessed the first transit of the giant container ship OOCL PORTUGAL on Wednesday. The vessel,…
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Maersk
Egypt’s Suez Canal sees first transit of BANGKOK MAERSK
Egypt's Suez Canal witnessed on Saturday the first transit of the BANGKOK MAERSK container ship on Saturday as part…
Maersk, Hapag-Lloyd return AE15 service to Suez Canal route
Maersk and Hapag-Lloyd have announced a structural return to the Suez Canal route for their AE15 service under the…
Oil prices ease on Tuesday
Brent crude futures retreated Tuesday, easing 93 cents to $113.51 per barrel after surging 5.8 per cent the…
Largest Maersk container ship in two years sails through Suez Canal
Egypt’s Suez Canal Authority (SCA) said on Tuesday that the container ship ASTRID MAERSK completed its first…
Egypt’s Suez Canal traffic boosted as CMA CGM, Maersk ships resume voyages
Egypt’s Suez Canal saw the passage of the giant container ship CMA CGM JACQUES SAADE for the first time in two…
Maersk to resume Suez Canal transits in early December after strategic deal
A.P. Moller-Maersk will begin sending container vessels through the Suez Canal again in early December under a…
Maersk considers full return to Suez Canal operations amid improved Red Sea conditions
Maersk is considering a full-scale resumption of transits through the Suez Canal and Bab el-Mandeb, citing their…
Suez Canal chief, Danish envoy discuss Maersk operations, port expansion
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Wednesday with Denmark’s Ambassador to Cairo Lars Bo…
Hapag-Lloyd cuts ’25 earnings forecast
Hapag-Lloyd reported a 3.1 per cent drop in first-half net income to €709 million ($829 million) and lowered the…
Maersk raises profit outlook
A.P. Moller-Maersk has raised its full-year profit forecast to between $8 billion and $9.5 billion, up from a…
China’s CATL expands deal with Maersk terminals
Chinese electric vehicle battery giant (CATL) announced a partnership with Maersk's APM Terminals for the…
Suez Canal seeks Maersk initiative to restore trade flows through key waterway
Egypt’s Suez Canal Authority (SCA) has called on AP Moller-Maersk A/S to take the initiative and begin a phased…
Egypt’s FM discusses Maersk investment expansion
Egypt is seeking to deepen its strategic partnership with Danish shipping giant A.P. Moller–Maersk, prioritising…
European shares rise on US-China tariff deal
European shares increased on Monday following the announcement of a deal between the United States and China to…
Maersk sees steep drop in US-China container volumes
Maersk reported a steep 30–40 per cent plunge in container volumes between the US and China in April due to…
Egypt eyes green hydrogen collaboration with Maersk
Egypt’s Prime Minister Moustafa Madbouly held talks on Tuesday with Vincent Clerc, CEO of AP Moller - Maersk, to…
Maersk, Hapag-Lloyd delay Red Sea return
Maersk and Hapag-Lloyd, two of the world's leading shipping companies, stated on Thursday that they do not foresee…
Maersk predicts slower demand, increases spending
Maersk expects slower global demand for container shipping in the upcoming quarters due to market risks, despite…
Maersk boosts projected annual profits amid robust quarterly performance
Maersk, the shipping giant, has boosted its projected annual profits following a robust quarterly performance that…
Nigeria secures $600m seaport infrastructure investment w/ Maersk
Nigeria secured a significant $600 million investment in its seaport infrastructure from Danish shipping giant A.P.…
Maersk to potentially resume shipping through Baltimore
Denmark's Maersk has announced potential plans to resume certain shipping services at the US Port of Baltimore…
Maersk: Red Sea disruptions could extend to H2 of ’24
Maersk, the Danish shipping company, has warned its clients to expect disruptions in the Red Sea to continue into…
Maersk expects low ’24 earnings
Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
Hapag-Lloyd, Maersk form long-term alliance
Hapag-Lloyd and Maersk signed a long-term collaboration deal starting February 2025 with 3.4 million containers…
Maersk pauses Red Sea shipping “until further notice”
Maersk announced on Tuesday that it will pause all Red Sea shipping "until further notice," amid the ongoing Houthi…
Maersk schedules Suez Canal journeys for 30+ container vessels
Denmark's Maersk schedules to sail more than 30 container vessels through Egypt's Suez Canal and the Red Sea…
Maersk to resume its operations in Red Sea
Denmark's Maersk announced on Sunday that it is getting ready to start shipping again in the Red Sea and the Gulf…
Maersk inaugurates new logistics projects in Egypt
The Danish Maersk company, a global leader in shipping and logistics, has declared its plans to inaugurate new…
Egypt’s SCZone refuels world’s first methanol-powered vessel
Egypt's Suez Canal Economic Zone (SCZONE) has refueled the world's first methanol-powered container ship at East…
Egypt approves Maersk’s proposal to buy half Zaafarana wind farm
The Egyptian government agreed on Wednesday on the Danish Maersk proposal to acquire half of the wind power plants…
BP invests $10 mln in biofuel firm
BP, the British multinational oil and gas firm, are investing $10 million in WasteFuel, a biofuels company that…
Maersk nears to exit Russia after selling 2 logistics sites
Shipping and logistics group AP Moller-Maersk has agreed on Monday sell its two logistics sites in Russia to IG…
Maersk aims to finalise clean fuel project deal with Egypt at COP27 – official
Shipping group A.P. Moller-Maersk plans to finalise a deal with Egyptian government for a green energy and clean…
Maersk to build $15 billion network for green energy, clean fuel in Egypt
Shipping group A.P. Moller-Maersk is planning a new project in Egypt to establish a network to produce and…
Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT
Egypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the Suez…
Maersk signs deal for green fuel production in Egypt
Denmark’s shipping group Maersk has signed on Monday a memorandum of understanding to launch a new project for…
Steven Yoogalingam named new managing director of Suez Canal Container Terminal
Steven Yoogalingam has been appointed as the new managing director of Suez Canal Container Terminal (SCCT)…
Maersk says to split into 2 units: energy and transport
Danish conglomerate A.P. Moeller-Maersk A/S announced on Thursday that it is splitting into two separate units to…
Interview: Maersk Talks with Egypt Government on Suez Canal Expansion
The Suez Canal Container Terminal (SCCT) needs public infrastructure enhancements to expand, but the government is…