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2024-01-30 12:56:40 ET More on Hapag-Lloyd Hapag-Lloyd: Headed For Near-Term Losses Hapag-Lloyd - Shipping In A Downcycle, I Say 'HOLD' For Now Hapag-Lloyd Q3 2023 Earnings Call Transcript Read the full article on Seeking Alpha For further details see...
2024-01-17 06:20:58 ET Shipping giants A.P. Moller-Maersk ( OTCPK:AMKBY ) ( OTCPK:AMKBF ) and Hapag-Lloyd ( OTCPK:HLAGF ) have reached a long-term collaboration to deliver an "interconnected ocean network with industry-leading reliability." Called "Gemini Cooperation", the n...
2024-01-12 04:56:00 ET Summary The Red Sea shipping crisis is still growing as almost half of vessels have been rerouted around the Cape of Good Hope in January. This has already more than tripled container rates. Delays and knock-on effects may drag on to the second quarter. ...
2024-01-12 02:07:06 ET Crude prices are responding to the U.S. and British airstrikes in Houthi-controlled areas of Yemen, with West Texas Intermediate ( CL1:COM ) climbing 2.4% to $73.71/bbl early Friday. Shipping stocks will also be on watch during the premarket session as tension...
2024-01-11 17:01:32 ET Tesla's ( NASDAQ: TSLA ) Berlin factory is suspending production for two weeks as the conflict in the Red Sea slows deliveries of necessary components. Attacks on commercial vessels in the Red Sea by Houthi rebels from Yemen has persuaded most major ship...
2024-01-08 09:53:51 ET More on A.P. Møller Maersk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Maersk Q3 2023 Earnings Call Transcript A.P. Møller Maersk Q3 2023 Results - Earnings Call Presentation For further...
2024-01-05 08:48:56 ET More on A.P. Møller Mærsk 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 ...
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...
2024-01-01 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...
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Norfolk Southern launches innovative partnership to give shippers a new option to reach West Coast markets PR Newswire ATLANTA , June 8, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced OceaNS Bridge Express, a new partnership...