COPENHAGEN (July 9): Maersk, one of the world's biggest container shipping groups, said on Thursday it would resume its Middle East-to-US East Coast service through the Suez Canal, as the Danish group takes another step towards restoring routes through the Red Sea. Most shipping»»»

Maersk, one of the ​world's largest shipping companies, said on Thursday it would ⁠resume its Middle ⁠East-to-U.S. East Coast service through the Suez Canal, as the Danish ​group takes another ​step toward restoring ⁠routes through the Red Sea. Most shipping companies abandoned the Asia-Europe trad»»»

COPENHAGEN - Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said on July 6, hitting shares of both companies because of the potential impact on freight rates. The Asia-Europe trade corridor through the Suez Canal was »»»

Container shipping firm Hapag-Lloyd said on Thursday net profit fell nearly 19% in 2024 and is expected to decline further this year, with U.S. tariffs and Houthi militant attacks on shipping in the Red Sea clouding the outlook. The world’s fifth biggest container liner said President Donald Trump’»»»

COPENHAGEN : Maersk and Hapag-Lloyd could add more container vessels to an alliance announced earlier this year if shipping disruptions in the Red Sea continue, the companies said on Tuesday. Attacks in the Red Sea by Iran-aligned Houthi militants have since late last year forced shipping companies»»»

German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter net profit. Commercial shipping has faced global disruptions, including in the Red Sea region, where operators are avoiding the Suez »»»