A.P. Moller-Maersk Swings to Profit as Red Sea Disruptions Boost Freight Rates
Maersk’s container-shipping business revenue increased 39%.
Maersk swings to Q4 profit as Red Sea shipping disruptions lift freight rates
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...
freightwaves.com5d
Waiting for a plunge in Red Sea freight rates? ‘Hold my container,’ say carriers
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Air Cargo News3d
Air cargo will lose out with retail Red Sea return
Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...
Morningstar9d
A.P. Moller-Maersk Swings to Profit as Red Sea Disruptions Boost Freight Rates — Update
when an oversupply of cargo capacity weighed on freight rates. Quarterly revenue came to $14.59 billion, a 24% on-year increase as continued disruption to shipping lanes in the Red Sea pushed up ...
devdiscourse2d
Global Trade in Turmoil as Red Sea Conflict Reshapes Shipping and Supply Chains
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
Uncertainty Over Israel-Hamas Ceasefire Puts Red Sea Return in Peril
With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...
The Straits Times23d
Easing of Houthi sanctions on Red Sea ships could free up capacity but lead to congestion at ports
Should the Red Sea fully reopen, however, the main economic impact would be a sudden availability of ships and capacity, which could drive down freight rates for shippers and consumers.