With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply-chain strains show up in companies’ earnings reports. Several firms are already warning of the impact. Electric-vehicle maker …
CAIRO (AP) — The world’s biggest shipping company said Monday it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by a hulking vessel two years …
COPENHAGEN —Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk MAERSKb.CO told its customers on Wednesday. Maersk and two other large container lines have temporarily …
BERLIN — One of the world’s biggest container ships, the Mumbai Maersk, has run aground off the German island of Wangerooge in the North Sea, Germany’s Central Command for Maritime Emergencies and Maersk said on Thursday. No injuries were reported …
COPENHAGEN — The world’s largest shipping firm A.P. Moller-Maersk has suspended five employees as part of an investigation into an alleged sexual assault on one of its ships run by a U.S. subsidiary, and said it was working closely with …
The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last year to 195, with 135 crew …