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Maersk and Hapag-Lloyd deliver big payouts to investors despite threat of falling profits
Global maritime trade has fallen to a shadow of pandemic peak as high inflation and reopenings hit goods purchases
Danish group expects drop from last year’s record $31bn to $2bn-$5bn in 2023
As Danish shipping company seeks to transform into a broader logistics group, it faces rising competition from MSC
Groups to terminate partnership in 2025 as fierce rivalry over transporting goods intensifies
Carriers are skipping ports in China as international orders fall and supply chain problems persist
Søren Skou set to hand over the rein with best results in Danish group’s history
Head of Danish group’s ocean and logistics business to take over from company veteran Søren Skou
Freight rates drop on lower consumer demand and retailers’ early shipments
Weakening world trade has reduced logistics snarl-ups, though poor infrastructure remains
Danish group expects earnings, demand and shipping freight rates to shrink
Greens and FDP urge chancellor not to repeat ‘mistakes of the past’ by selling Hamburg infrastructure to Chinese company
Industry cycle appears to have peaked, with analysts warning of falling profitability next year
Shipping group set to take Asian warehousing business acquired in December worldwide
If you like your gadgetry game-changing but also attractive to barnacles, the Mikage is a real treat
US Department of Justice planned to sue to block move over antitrust concerns as it cracks down on Chinese deals
Eight-day walkout at Felixstowe could hit as much as $800mn of trade as summer of labour disputes continues
Delays shorter and shipping costs lower but geopolitics and China’s Covid policy remain a threat
There is no quick fix, with the problem rooted in an imbalance between supply and demand
Clarksons says sector’s profits boosted as energy groups seize on Ukraine war turmoil to boost output
Container shipping group says normalisation in freight rates will take longer than expected
US and European companies spreading production around Asia rather than reshoring, shipping group chief claims
From Taiwan to Greece, state-owned group with military links is enmeshed in world trade
Return to profit delayed as big three builders struggle to renegotiate orders and pass on costs
Container company seeks to expand its reach after business soared during pandemic
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