As hopes of a demand-driven return to volumes fade, Maersk tells customers to prepare for service cuts
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Copenhagen-based company to have a cash injection of $20m from its sponsor
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A Norwegian cargo vessel ran aground off the Isle of Skye, Scotland, on March 23.
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Wallenius Wilhelmsen has launched temporary layoffs in the USA and Mexico in line with automaker plant closures.
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The privately owned carrier scrapped its dividend and mothballed vessels earlier this week because of falling demand
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