Analysts and shipping executives say they expect costs to fall later this year as companies receive vessels they ordered two to three years ago.
Tag: Maersk Line
U.S. and British Forces Fend Off Houthi Attack in Red Sea
American officials and their allies warned that there would be consequences for the Houthis, the Iranian-backed armed group that has disrupted shipping in the Red Sea.
U.S. Helicopters Sink 3 Houthi Boats in Red Sea, Pentagon Says
Iranian-backed Houthi gunmen from Yemen had fired on American helicopters responding to an attack on a commercial ship, American officials said.
Battle Over Deep-Sea Mining Takes on New Urgency as Trial Run Winds Down
A Canadian company is testing mining equipment in the Pacific Ocean in its quest for metals needed for electric vehicles. Environmentalists oppose the mining, which could begin in 2024.
Suez Canal Is Open, but the World is Still Full of Giant Container Ships
As global trade has grown, shipping companies have steadily increased ship sizes — but the Suez Canal blockage showed that bigger is not always better.
Migrants Rescued by Tanker Arrive in Italy After Weekslong Standoff
The migrants were transferred from the tanker, the Maersk Etienne, to a humanitarian vessel before docking in Sicily after 40 days at sea.