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The Latest Breaking News from Maersk

Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customers

The Guardian - UK

Maersk hikes shipping prices to offset cost hit from Iran war

Chief executive Vincent Clerc said the closure of the Strait of Hormuz could start impacting global trade and consumer demand.

Evening Standard

Maersk profit falls sharply as firm keeps forecast despite Hormuz uncertainty

Danish shipping giant Maersk said on Thursday it was maintaining its 2026 outlook despite the war in the Middle East and uncertainty over disruptions to key trade routes through the Strait of Hormuz.

Euronews

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Shipping Company Says One Of Its Vessels Crossed The Strait Of Hormuz With U.S. Protection

Top shipping company Maersk said on Tuesday that one of its vessels has managed to sail the Strait of Hormuz with U.S. protection, challenging Iran's blockade of the key waterway.

International Business Times

Shipping companies 'see opportunities' but seek clarity on Strait of Hormuz reopening

Major shipping lines express cautious optimism over transit opportunities in the Strait of Hormuz after the US-Iran ceasefire was announced, but stress the urgent need for full clarity before any vessels move.

Euronews

Hong Kong firm files arbitration against Maersk, saying it schemed with Panama over port takeover

A subsidiary of a Hong Kong-based conglomerate started arbitration proceedings against Danish logistics and port group Maersk, accusing the company of aligning with Panama and scheming to replace its port operation on the Central American country’s critical canal

The Independent UK

What to watch after 'The Bluff': 5 best pirates movies to stream next

If"The Bluff" on Prime Video left you hungry for more high-seas adventures, here are five more pirate movies you can watch right now (and where to stream them).

Tom’s Guide

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Seatrium, Maersk Reach Financial Settlement, Avoid Lengthy Legal Battle Over Offshore Wind Project

Seatrium and Maersk settle their offshore wind vessel dispute, avoiding lengthy legal battles and ensuring project completion.

International Business Times

20 years across Google, Maersk, and Diageo taught me that the biggest barrier to change isn’t ideas — it’s the gap between inside reality and outside expectations

After two decades on the inside, I crossed the line for the first time. I went from the inside to the outside and it was a huge wake-up call.

Fortune

Energy Insider: Maersk-Owned Ports Operator Taps Chinese Tech for Decarbonization

Changan Auto executive urged caution over the development of all-solid-state batteries, China’s market regulator granted conditional approval for a lithium JV between Chile’s state-run copper giant Codelco and local lithium maker SQM

Caixin Global

NGOs call on EU to stop doing business with Israel's 'illegal' settlements

A coalition of over 80 NGOs has launched a campaign urging European countries to stop all commercial or investment activities related to Israel’s settlements in Palestinian territories. Groups like French supermarket giant Carrefour stand accused of directly or indirectly "enabling the humanitarian crisis" driven by Israel’s prolonged occupation.

Radio France Internationale

The Supply Chain Maverick: How Leyland Seto Transformed Fortune 500 Giants with Cutting-Edge Tech Amid Soaring Global Disruptions

Amid rising global supply chain vulnerabilities, the World Bank's Global Supply Chain Stress Index (GSCSI) indicates a significant increase in container shipping disruptions caused by extreme weather events.

inkl

UN Expert Says Firms 'Profiting' From 'Genocide' Of Palestinians

UN rights expert Francesca Albanese on Thursday denounced companies she said "profited from the Israeli economy of illegal occupation, apartheid, and now genocide", in a report that provoked a furious response from Israel.

International Business Times

Shipping giant Maersk divests from companies linked to Israeli settlements

Move follows campaign accusing Maersk of links to Israel’s military and occupation of Palestinian lands.

Al Jazeera

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Al Jazeera

Netherlands still backs Israeli F-35 ‘supply chain of death’: Report

Maersk ships between the US and Israel carrying F-35 components are routed through Rotterdam, a grassroots group claims.

International Business Times

Europe's Biggest 'Green' Methanol Plant Opens In Denmark

Europe's largest "green" methanol plant opened in Denmark on Tuesday, boosting the continent's emissions reduction efforts -- with customers ranging from shipping giant Maersk to toymaker Lego and pharmaceutical firm Novo Nordisk.

The Independent UK

Protesters want Morocco to sever ties with Israel, so they're targeting strategic ports

Morocco's ports have emerged as a flashpoint in protests against the country's decision to normalize ties with Israel

Radio France Internationale

Moroccans protest ship suspected of carrying US fighter jet parts to Israel

More than 1,000 people protested Sunday in the Moroccan port city of Tangier against the planned docking of a Danish vessel said to be carrying fighter jet parts to Israel. The French CGT union claims no such weapons have been found.

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The Conversation

Companies will still face pressure to manage for climate change, even as government rolls back US climate policy

As the federal government moves to eliminate U.S. climate rules, companies still face pressure to be better stewards of the planet from their customers, investors, employees, local communities, lenders, insurers, global trading partners and many states.

TechRadar

Humans not needed: AI-powered autonomous drones fused with RFID technology set to revolutionize warehousing operations for better or worse?

AI-powered drones and RFID technology are reshaping warehouse operations by improving inventory tracking efficiency.

International Business Times

Maersk Ups Profit Target By $2bn On Red Sea Shipping Woes

Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the Red Sea.

Top News

Houthi Rebels Target US-Flagged Ship In Gulf Of Aden

Houthi rebels attack U.S.-flagged ship in Gulf of Aden, escalating tensions in the region. U.N. staff detained, ongoing conflicts.

The Guardian - UK

As the Red Sea crisis continues, pressure on consumer prices follows in its wake

UK manufacturers and retailers are not yet passing on all the costs of diverting ships round southern Africa – but can that last?

The Hindu

Maersk suffers ‘capacity loss of 15-20%’ due to Red Sea crisis

Maersk faces 15-20% capacity loss due to Red Sea crisis, leading to rerouting, delays, and increased costs for customers.

International Business Times

Maersk's Net Profit Sinks Amid Red Sea Attacks

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route.

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