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Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Maersk Continues To Schedule Suez Journeys Despite Houthi Attack

Denmark's Maersk still plans to sail more than 30 container vessels through the Suez Canal and the Red Sea in the time ahead despite a weekend attack on on...

Maersk To Send Almost All Ships Via Suez, Schedule Shows

Denmark's Maersk will sail almost all container vessels travelling between Asia and Europe through the Suez Canal from now on while diverting only a handfu...

Aryzta Invests €40m In New Bakery In Australia

Aryzta has agreed to invest around €40 million in the construction and commissioning of a new bakery in Perth in Western Australia.

Dollarama Lifts Sales Forecast On Steady Demand For Discounted Goods

Dollarama lifted its annual sales forecast, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to dis...

Nestlé Opts For Lower Carbon Alternatives For Shipping

Food giant Nestlé plans to move the equivalent of half of its global shipping needs to alternative, lower-emission fuels with immediate effect.

Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Maersk has entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind.

Hapag Lloyd's Sees Nine-Month Net Profit Down 77%, Cuts Outlook

German container shipper Hapag-Lloyd has posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earlier, and c...