Maersk: latest news, analysis and trading updates | ESM Magazine

Retailers' Early US Back-To-School Sales Hasten Peak Ocean Shipping Season

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning US sales of backpacks and lap...

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...

Maersk Says Red Sea Disruption Will Cut Capacity By 15% To 20% In Q2

The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry's capacity between the Far East and Europe...

Maersk Posts First Quarter Profits Above Expectations

Shipping group Maersk has reported first-quarter earnings above expectations and lifted the lower end of its full-year profit guidance range, supported by...

Maersk Will Avoid Red Sea Despite EU Security Operation

Shipping company Maersk has said it is too early to resume sailings through the Red Sea due to a continued elevated risk level.

Container Rates Drop To Unsustainable Levels, Maersk CEO Says

The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk C...

Maersk Warns Oversupply To Hit Profits Amid Red Sea Uncertainty

Maersk said Red Sea trade disruptions would not be a major boost for the company and an oversupply of vessels would hit its earnings this year.

Hapag-Lloyd, Maersk Sign Long-Term Collaboration Deal

Hapag-Lloyd and Maersk have signed an agreement for a new long-term collaboration starting February 2025 with a combined capacity of 3.4 million conta...