Carriers divert Indian cargo to avoid congestion worries at Colombo
With capacity still a nagging concern at Sri Lanka’s Colombo port, container lines are devising ...
Is Denmark’s AP Møller-Maersk Group (APMM) kicking the can down the road?
This is the obvious, and entirely legitimate, question that arises if you have spent any serious time sifting through its cash flow statements following its first-quarter (Q1) numbers on 17 May. Here is my take.
Where we stand
As we argued ahead of results, APMM needed to report solid numbers in terms of cash flows to justify a share price as high as Dkr10,500 – and on that basis its latest ...
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Carriers hope price hikes will hold as spot rates fall in CNY doldrums
Maersk paying $100,000 a day to charter scarce post-panamax box ships
US delays tariffs on Mexico for one month as it starts negotiations
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