CEO Vincent Clerc stresses it remains open only to opportunistic asset purchases following the failed pursuit of Israeli liner firm
Maersk cools M&A ambitions after losing Zim bidding war Read More »
Slow steaming and Red Sea sailings back on the cards in bid to save costs
Middle East crisis costing Maersk $500m a month, says boss Vincent Clerc Read More »
Impact of Iran war on recovery of fuel costs to be felt in second quarter, CEO says
Weaker domestic trade sees Matson quarterly profit fall by one-fifth Read More »
Higher costs and strategic concerns will leave the Middle East container market dominated by fewer, stronger players
Why fewer ‘fortune hunters’ are likely to emerge in the Middle East container market Read More »
Plan is to develop Mangalia shipyard into a ‘major European hub for shipbuilding’
MSC and Rheinmetall team up to bid for bankrupt Romanian shipyard Read More »