AP Moeller – Maersk A/S

Baltimore crucial transport channel entirely reopens just after Francis Scott Key Bridge collapse
World

Baltimore crucial transport channel entirely reopens just after Francis Scott Key Bridge collapse

Salvage crews keep on to get the job done on getting rid of particles from the Francis Scott Essential Bridge collapse just after it was struck by the container ship Dali, now docked at Seagirt Maritime Terminal in Baltimore. (Jerry Jackson/Baltimore Solar/Tribune Information Service by way of Getty Visuals) Jerry Jackson | Baltimore Sunlight | […]

Read More
European markets move lower as positive momentum falters
World

European markets move lower as positive momentum falters

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023.  Nathan Laine | Bloomberg | Getty Images European markets were lower Tuesday, as positive momentum over the past few days falters. The pan-European Stoxx 600 was down 0.3% by 2:35 p.m. London time, with all […]

Read More
Baltimore disaster may perhaps be the major-at any time marine insurance policies payout, Lloyd&#x27s manager says
World

Baltimore disaster may perhaps be the major-at any time marine insurance policies payout, Lloyd&#x27s manager says

Baltimore Town Hearth Boat 2 floats previous the Dali container vessel immediately after it struck the Francis Scott Essential Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. Bloomberg | Bloomberg | Getty Photographs The collapse of a big Baltimore bridge and its knock-on outcomes could end result […]

Read More
Here&#x27s what we know about the Singapore-flagged container ship that hit the Baltimore bridge
World

Here&#x27s what we know about the Singapore-flagged container ship that hit the Baltimore bridge

The Important Bridge was strike by a ship and collapsed on March 26, 2024.  The Washington Article | The Washington Submit | Getty Visuals Six building personnel were being presumed lifeless on Wednesday after a enormous cargo ship struck the Francis Scott Essential Bridge in Baltimore, resulting in it to partly collapse into the Patapsco […]

Read More
Logistics providers scramble immediately after bridge collapse closes Port of Baltimore until eventually further notice
World

Logistics providers scramble immediately after bridge collapse closes Port of Baltimore until eventually further notice

The steel frame of the Francis Scott Key Bridge sits on top rated of the container ship Dali immediately after the bridge collapsed, Baltimore, Maryland, on March 26, 2024.  Roberto Schmidt | Afp | Getty Pictures Logistics providers up and down the East Coast had been urgently relaying messages back and forth to purchasers Tuesday […]

Read More
Worries about union strikes at East Coastline, Gulf ports increase, major to trade diversions
World

Worries about union strikes at East Coastline, Gulf ports increase, major to trade diversions

The possible for a strike by the premier union of maritime employees in North The usa, the Intercontinental Longshoremen’s Affiliation, is starting to rise on the record of fears amid logistics decision-makers and advisors in a 12 months now fraught with a multitude of trade uncertainties. Pink Sea diversions and Panama Canal drought restrictions are […]

Read More
Houthis claim &#x27catastrophic&#x27 attack in Crimson Sea that prompted crew to abandon ship
World

Houthis claim &#x27catastrophic&#x27 attack in Crimson Sea that prompted crew to abandon ship

Aerial see of a tanker. Bugto | Moment | Getty Photographs The Iran-backed Houthi militant team on Sunday broken a ship offshore Yemen, prompting its crew to abandon the vessel in the most recent escalation of maritime tensions that have disrupted critical trade routes in the Purple Sea. The U.K. Maritime Trade Operations explained on […]

Read More
Shipping large Maersk suggests Red Sea vessel diversions could extend into 2nd 50 percent of 2024
World

Shipping large Maersk suggests Red Sea vessel diversions could extend into 2nd 50 percent of 2024

The Ebba Maersk container ship, operated by A.P. Moeller-Maersk A/S, leaves Suez port and heads in the direction of the Purple Sea right after passing through the Suez Canal in Suez, Egypt on Saturday, April 6, 2013. Kristian Helgesen | Bloomberg | Getty Visuals A.P. Moller-Maersk, the next-largest world-wide ocean carrier, is advising clients to […]

Read More
Transport giant Maersk shares slide 14% soon after suspending share buybacks amid Purple Sea disruption
World

Transport giant Maersk shares slide 14% soon after suspending share buybacks amid Purple Sea disruption

Giant gantry cranes and off loading freighter in Haifa container port, Israel. Ucg | Universal Photographs Team | Getty Photos LONDON — Shares of Danish shipping big Maersk slumped far more than 14% in early trade Thursday immediately after it flagged “substantial uncertainty” in its 2024 earnings outlook amid Pink Sea disruptions and an oversupply […]

Read More
Self-navigating ships could alter the transport industry. In this article are the corporations poised to reward
World

Self-navigating ships could alter the transport industry. In this article are the corporations poised to reward

The shipping and delivery sector is eyeing the synthetic intelligence wave, and self-navigating vessels could be on the horizon. With problems of higher fuel premiums and a scarcity of crew workers willing to invest weeks across transoceanic voyages, a lot of shipbuilding firms are using AI to aid create autonomous navigation ships, or self-driving boats. […]

Read More