Fishing Feeds & News

Maersk Shares Hammered as Red Sea Boost Masks Overcapacity

News from gCaptain - Thu, 02/08/2024 - 08:06
By Christian Wienberg and Sanne Wass (Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in the industry later this year when the current...
Categories: Maritime News

Maersk’s Profit Warning Amid Shipping Overcapacity and Red Sea Disruptions

News from gCaptain - Thu, 02/08/2024 - 07:56
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 8 (Reuters) – Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn’t see a major boost from the jump...
Categories: Maritime News

Congressman Makes Urgent Call for U.S. Sealift Capacity Expansion to Counter China

News from gCaptain - Wed, 02/07/2024 - 15:12
Republican Congressman Mike Gallagher (R-WI), the Chairman of the House Select Committee on the Chinese Communist Party, is sounding the alarm on the United States’ “woefully inadequate” sealift fleet capacity...
Categories: Maritime News
Syndicate content