What seems to be a minor disruption can have seismic effects. For Maersk, a 2.5 per cent drop in freight shipping volume caused by NotPetya translated into a $300m loss. For many other businesses ...

A.P Moller-Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher. The Danish shipping giant last week pre-released some ...

A.P Moller-Maersk posted higher net profit in the third quarter as disruption in the Red Sea shipping lane pushed freight rates higher. The Danish shipping giant last week pre-released some ...

A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued ...

Denmark's A.P. Moeller-Maersk is scheduled to report results ... Shares have fallen around 10% in the last 12 months. WHAT TO WATCH: --FREIGHT RATES: Disruption caused by the interruption of ...

The surge of e-commerce shipments from Chinese online sellers has also fueled air freight prices. Maersk is returning its China air cargo service to its South Carolina hub at the start of 2025.

Maersk will likely face falling freight rates as the industry adjusts to the new norm of sailing around the Cape of Good Hope to avoid the Red Sea, Deutsche Bank analyst Andy Chu noted.

However, Morgan Stanley (NYSE:MS) has downgraded Maersk's stock rating to underweight, citing an anticipated decline in freight rates due to container supply growth expected to significantly ...

As we discussed in our Oct. 22 note, freight rates have recovered significantly from the low levels of 2023. Maersk now anticipates the Red Sea issue will continue well into 2025, which we believe ...