Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

Hapag-Lloyd and Maersk deny reports of negotiations with Houthis

LINE: UNLIKEDXOM: DRILL BABY DRILLMAERSK: GREEN PUSHGM: BIG HITAMZN: STRIKEZIM: EXIT STAGE LEFTDSV: ZERO US TARIFFS IMPACT XPO: LOOKING GOODAMZN: PARTNERSHIP EXTENDEDWMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSURE

LINE: UNLIKEDXOM: DRILL BABY DRILLMAERSK: GREEN PUSHGM: BIG HITAMZN: STRIKEZIM: EXIT STAGE LEFTDSV: ZERO US TARIFFS IMPACT XPO: LOOKING GOODAMZN: PARTNERSHIP EXTENDEDWMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSURE

dreamstime_s_266668596
© Wirestock
By

Reports yesterday that some shipping lines were negotiating with the Houthis for safe passage in the Red Sea saw shares at Hapag-Lloyd and Maersk fall, according to Morningstar. However, investors were reassured when the lines denied any talks with the Houthis and it was revealed by ShippingWatch that they were not among “the largest container carriers” involved.

Read more...

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Hapag-Lloyd Houthis Israel Palestine conflict Maersk Contract vs spot rates Hanseatic Global Terminals Pump up the volumes The Purse Strings

    Most read news

    Crew member dies as DHL aircraft crashes at Vilnius, raising security fears

    Indian shippers brace for port strikes over 'promises not kept'

    More blanked voyages expected as carrier efforts to drive up rates falter

    MSC 'to offer feeder vessel' to get stranded Canadian cargo to its destination

    Trump vows 25% tariff on imports from Canada/Mexico and adds 10% to China

    Loadstar Podcast | November 2024 | Trump tariffs, TIACA insights, and looming 2025 capacity crunches

    Western carriers call Russian airspace ban and Chinese advantage 'unfair'

    Kerry poaches key Kuehne APAC exec – the 2025 TPEB fight has begun

    Evergreen orders 60,500 new containers for growing liner fleet

    Mexican president to launch major expansion at constricted Manzanillo

    Airfreight's forward planning prevents chaotic Q4 rate hikes

    European forwarders set for a bumpy ride in automotive logistics, says Ti

    Adani Group chiefs accused of using bribery to win solar energy deal

    Zim enjoys record growth at double the market rate

    'Unending' MSC ship-shopping spree the driver for charter rate rebound

    Airports must get creative as surging ecommerce threatens to engulf capacity