AMKBY News and Press, A.P. Moller - Maersk AS ADR (Representing Class B Shares) From 01/03/24

2024-01-03 06:45:55 ET Summary Maersk suspends Red Sea transit after ship attack. AST SpaceMobile seeks strategic investment, shares rise. Universal Logistics expands into Roanoke, Virginia market. Listen below or on the go on Apple Podcasts and Spotify ...

2024-01-02 12:23:26 ET More on A.P. Møller-Maersk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller-Mærsk Q3 2023 Earnings Call Transcript A.P. Møller-Mærsk Q3 2023 Results - Earnings Call Presentation For...

2024-01-02 03:46:30 ET More on oil markets Oil Update - December 2023 A Buying Opportunity In Energy Emotions Run Wild As Oil Bulls Question Their Existence Crude oil slides over 10% for the year in first drop since 2020 For further details see: O...

2024-01-01 10:30:00 ET Summary Costamare's shares have rebounded due to the safety issues in the Suez Canal, benefiting the company's dry bulk and containership fleets. Major shipping firms are rerouting vessels away from the Red Sea, leading to rising charter rates. The ongoi...

2024-01-01 06:33:50 ET A.P. Moller-Maersk ( OTCPK:AMKBY ) has halted Red Sea shipping for 48 hours to size up the current security situation in a vital waterway responsible for a sixth of world trade. A U.S.-led naval task force, called Operation Prosperity Guardian, was formed with...

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...

2023-12-19 03:56:17 ET The U.S. and other countries have formed a naval taskforce to protect commercial vessels traveling though the Red Sea from Houthi rebel attacks. The escalating attacks have damaged ships and threatened crew safety, forcing shipping companies to stop their vessels ...

2023-12-18 05:51:25 ET More on shipping U.S. warns ships of 'evolving threats' in critical trade route Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential Hapag-Lloyd: Multiple Inflection Points For Long-Term Industry Danaos Still Has A Lot Of ...

2023-12-08 10:10:20 ET Summary Nasdaq and S&P 500 gained nearly 5% in the last month, boosting investor optimism ahead of the NFP report. Job openings fell to lows not seen since March 2021, indicating a potential recession in 2024. The November NFP report showed a lower-t...

2023-11-30 13:15:20 ET Summary Maersk reported 3Q23 results with group revenue of $12.1B and an EBIT margin of 4.4%. The company is taking efficiency and restructuring measures, including reducing the workforce by 7,000 people. Maersk expects lower-end realized underlying EBIT...