MAERSK-B.CO
$18000.00
A.P.
Recent News
It’s war: Liner charges for ‘free’ Gulf container storage
One shipping line is charging shippers for free extended storage time in the war-torn Persian Gulf, while several countries are reportedly in talks with Iran to get trapped vessels safely through the Strait of Hormuz. The post It’s war: Liner charges for ‘free’ Gulf container storage appeared first on FreightWaves.
Ocean reliability drives inventory management gains, retailers say
Dollar General and Ashley Furniture execs outlined how schedule accuracy optimizes production planning and reduces stockouts at TPM26 by S&P Global.
A Look At A.P. Møller Mærsk (CPSE:MAERSK B) Valuation After Gulf Shipping Disruptions And Route Suspensions
A.P. Møller - Mærsk (CPSE:MAERSK B) stock is in focus after the company reported multiple vessels trapped in the Persian Gulf and temporarily suspended several Middle East linked shipping services amid heightened security risks. See our latest analysis for A.P. Møller - Mærsk. The security related service suspensions sit alongside other recent updates, including a new Torus Defence Supply Chain alliance in the UK and an announced capital decrease process. They come after a 14.5% year to date...
Maersk Has 10 Ships Trapped in Gulf, Running Short of Fuel in Asia
Danish containership major A.P. Moller-Maersk has 10 ships trapped in the Persian Gulf and would need at least a week to 10 days to resume normal operations in the event of a cease-fire, CEO Vincent Clerc told The Wall Street Journal. Brokers say there are more than 100 boxships trapped in the Gulf, with the Jebel Ali port in Dubai a distribution hub for the Middle East. "The longer the strait stays closed, the more the replenishing of oil inventories in Asia becomes a challenge," Clerc said.
Maersk CEO: We’re clearly in uncharted territory
Maersk CEO Vincent Clerc says the closure of the Strait of Hormuz has upended the global shipping industry, putting his company in uncharted territory.