Day: February 5, 2024

February 5, 2024 admin No Comments

Hapag-Lloyd CEO Says Demand Surge May Be Short-Lived

By Elke Ahlswede BERLIN, June 5 (Reuters) – Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the upswing may be short-lived. The CEO told customers at an online presentation that the increase since the start of May was due to a […]

February 5, 2024 admin No Comments

Maersk Sees Deeper Impact to World Trade From Red Sea Disruption

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea. The Copenhagen-based container carrier raised its profit outlook late Monday as the disruptions effectively remove capacity from the global fleet and […]