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The Latest Breaking News from HapagLloyd

FedEx Leads S&P 500 After Surprise Earnings Growth Shocks Wall Street

Analysts expected a FedEx earnings miss even as the global shipping outlook appears more positive.

Investors Business Daily

Will FedEx Earnings Show The Temu Effect Is Propelling U.S. Package Deliveries?

FedEx reports fiscal third-quarter earnings and revenue Thursday.

Investors Business Daily

Hapag-Lloyd's Red Sea Route Decision Sparks Anticipation

Hapag-Lloyd, the titans of shipping, set to make waves with a pivotal decision on Red Sea routes between Israel and Palestine. The shipping stakes are high!

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US announces naval coalition to defend Red Sea shipping from Houthi attacks

Egypt and Saudi Arabia notably absent from Operation Prosperity Guardian as more shipping companies forgo route

The Guardian - UK

Can the US-led maritime force stop Yemen’s Houthi attacks during Gaza war?

Houthis say attacks won’t stop unless Israel’s do. Shipping industry doesn’t appear convinced task force can halt them.

Al Jazeera

Shipping Firms Suspend Red Sea Traffic After Yemen Rebel Strikes

Two of the world's largest shipping firms, Maersk and Hapag-Lloyd, said Friday they were suspending passage through a Red Sea strait vital for global commerce, after Yemeni rebel attacks in the area.

International Business Times

Ballistic missile fired from rebel-held Yemen strikes cargo ship in Red Sea

The incidents further escalate a campaign by Yemen's Iranian-backed Houthi rebels

Evening Standard

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World’s largest shipping firm Maersk suspends Red Sea traffic after Houthi attacks

A ballistic missile fired by Yemen's Houthi rebels slammed into a cargo ship Friday in the Red Sea near the strategic Bab el-Mandeb Strait, following another attack only hours earlier that struck a separate vessel, authorities said.

France 24

How Much Money Do Shipping CEOs Make? Here's Their 2021 Pay Info

Managing ships is big business. It should come as no surprise that bosses of ship-operating companies are highly compensated. What may surprise you is that the CEOs with the largest fleets don't necessarily earn the highest compensation.

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