39 days ago
Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.
Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.
World’s second-largest container shipping line says costs have increased by $500mn per month
41 days ago
It comes as the U.S. Navy seeks to deliver on President Donald Trump's "Project Freedom" initiative.
3 months ago
Transport ministry summons executives to express concerns about supply chain disruptions
The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
The simmering dispute has become a geopolitical flashpoint between Washington and Beijing, with Panama caught in the crossfire.
4 months ago
European stocks are expected to open flat to lower as traders gear up for more regional earnings reports Thursday.
Danish company will replace Hong Kong-based firm after Trump claimed strategic waterway was controlled by China.
7 months ago
Danish group lifts financial guidance to top end of range on strength of consumer demand