Mærsk Line shoots to the bottom of earnings/teu league
Carriers’ unit earnings tell the story
“AP Møller Mærsk A/S – Initiates first phase of share buy-back program: As announced on 24 May 2019, A.P. Møller ? Mærsk A/S has decided to initiate a share buy-back program of up to DKK10bn (around $1.5bn) and a maximum of 3.12m shares to be acquired over a period of up to 15 months” – AP Møller-Maersk (APMM), 3 June 2019.
Onwards and upwards: The shares of APMM rallied over 3% from their 2018 lows on Tuesday on the back of significantly ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
Comment on this article