AP Møller-Mærsk – D&D-propelled earnings marvel
Moving parts
Maersk has warned of an “operational meltdown” when carriers are able to use the Suez Canal again.
The Danish liner, along with Hapag-Lloyd, announced their hub-and-spoke Gemini Cooperation services would go round the Cape of Good Hope instead of the still-volatile Red Sea.
Maersk told customers yesterday: “After thorough consideration, and given the continued safety concerns in the Red Sea, Hapag-Lloyd and Maersk confirm they expect to phase-in their Cape of Good Hope network for the commencement of the Gemini Cooperation on ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Keep our news independent, by supporting The Loadstar
Shippers should check out the 'small print' in China-US tariff cuts
Spot rates on transpacific surge after news of tariff time-out
China-US trade tariff pause could drive a rebound for transpacific rates
Carriers impose 'emergency operation' surcharges on Pakistan cargo
15% rebate for box ships as Suez Canal Authority woos carriers
Threat to airport operations as India revokes security clearance for handler Çelebi
Comment on this article