Ap Moller-maersk
Red Sea disruption to traffic cuts Q2 capacity by 15%-20%, says Maersk
Maersk is viewed as a barometer of world trade
 "Red Sea disruption to traffic cuts Q2 capacity by 15%-20%, says Maersk")
Oil prices rise as Blinken begins week-long sweep through the Middle East
Shipping giant Maersk said it will divert all vessels away from the Red Sea for the foreseeable future, warning customers of disruptions
Maersk prepares to resume shipping via Red Sea under US-led protection
Houthi attacks on merchant ships have caused widespread avoidance of the southern Red Sea by the merchant fleet moving everything from manufactured goods and grains to oil and gas
Maersk Group to cut at least 10,000 jobs as shipping boom unravels
The company kept its full-year guidance for revenue and operating profit but now expects both to land at the lower end of the range
 "Maersk Group to cut at least 10,000 jobs as shipping boom unravels")
World's biggest shipper A.P. Moller-Maersk remains wary of pandemic
Global demand for containers is expected to contract by 4-5% this year due to Covid-19
 "World's biggest shipper A.P. Moller-Maersk remains wary of pandemic")
AP Moller-Maersk takes up 200,000 sq ft on lease in Godrej property
Rent amount not disclosed, logistics firm brings seven business units from four different locations under one roof at Godrej Two
 "AP Moller-Maersk takes up 200,000 sq ft on lease in Godrej property")
Despite $26 mn profit, world's biggest shipping firm wary of trade war woes
AP Moller-Maersk said full-year guidance 'continues to be subject to uncertainties', including further restrictions on global trade
 "Despite $26 mn profit, world's biggest shipping firm wary of trade war woes")
Danish transport giant Maersk to spin off energy operations
The 112-year-old conglomerate will focus on its core transport and logistics businesses
 "Danish transport giant Maersk to spin off energy operations")
