17 articles
Goldwind has shipped its first batch of green methanol produced via wind-biomass coupling technology to South Korea, fulfilling a major supply agreement with Maersk to support low-carbon shipping oper
Geopolitical tensions from the Iran war have increased fuel costs, prompting major transport firms like Union Pacific and Maersk to raise surcharges that exceed expenses, boosting profits amid supply
Maersk reported Q2 EBITDA of $3.0 billion, beating forecasts due to higher freight rates driven by Middle East conflicts. The company raised its full-year earnings guidance amid strong demand and disr
Maersk plans to resume Middle East-to-U.S. East Coast container services via the Suez Canal, cutting transit times by up to 14 days compared to the alternative Cape of Good Hope route.
Maersk and Hapag-Lloyd will resume Suez Canal transit on one Gemini network service, marking a step towards returning to the Asia-Europe trade corridor following Red Sea security assessments.
Maersk raised its fiscal 2026 adjusted EBITDA outlook to $2–4 billion and full-year guidance to $8–10 billion, citing robust container demand in Asia.
Maersk welcomed the US-Iran agreement to reopen the Strait of Hormuz but stated it is too early to assess impacts on logistics, with no immediate operational changes in the region.
Major shippers like Maersk and Vale are trialing ethanol as a marine fuel to reduce emissions, driven by abundant corn supplies in the U.S. and Brazil. This demand could boost ethanol consumption whil
Maersk CEO Vincent Clerc stated reopening the Strait of Hormuz would have limited impact on cargo flows, despite fuel costs doubling due to regional conflicts. Demand remains strong, though elevated e
Maersk reported Q1 EBITDA of $1.73 billion, beating forecasts while maintaining full-year guidance despite Iran war risks. The company warns that higher fuel costs and Middle East route disruptions po
Maersk confirmed its commercial vessel Alliance Fairfax transited the Strait of Hormuz under US military protection. Two US-flagged merchant vessels successfully completed the transit following an off
Maersk advises avoiding Strait of Hormuz transits amid regional volatility, citing significant risks to crude oil and chemical markets despite limited impact on container shipping capacity.
China reportedly ordered Maersk and MSC to cease operations at Panama's Balboa and Cristóbal ports citing commercial ethics concerns. Although Panama granted temporary concessions, the directive risks
Maersk suspended key shipping routes through the Middle East due to conflict, disrupting logistics between Asia and Europe. The Strait of Hormuz closure affects 20% of global crude oil flows, delaying
Maersk and Hapag-Lloyd are resuming Suez Canal transit for Gemini services amid eased Red Sea tensions, signaling a gradual return for carriers. This route change impacts Asia-Europe trade flows and t
Maersk is exploring increased ethanol adoption for ships to aid decarbonization and balance fuel supply geopolitics, moving beyond exclusive reliance on green methanol.
Maersk resumed trans-Suez services, potentially prompting other carriers to switch back from the Cape of Good Hope route. This shift may impact global shipping capacity and rates, though security risk
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