Maersk slumps 7% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port strike.
US Port Strike Ends, but Clearing Long Ship Queues Will Take Time
The International Longshoremen's Association (ILA) workers union and United States Maritime Alliance (USMX) port operators announced the deal and an immediate end to the strike la
These products will be most affected by port strike. Here's what to stock up on in Arizona
Dockworkers at some US shipping ports are on strike, impacting goods from produce to cars. Here's what Arizona shoppers should stock up on.
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.
Ship Queue Grows at US Ports as Dockworker Strike Enters Third Day
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day preventing unloading and threatening shortages of everything from bananas to auto parts.
Shipping stocks slide after US port strike ends
Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.
These Stocks Are Moving the Most Today: Spirit Airlines, Palantir, Maersk, DJT, EVgo, and More
A report says Spirit Airlines has been exploring a bankruptcy filing, while Palantir stock extends gains after closing at an ...
Updating On Maersk After A 5% Drop - Let's Look At 2024-2025E
Maersk is attractively priced despite recent volatility. The current dockworker strike is seen as a short-term tailwind. Read ...
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Maersk and Hapag-Lloyd shares crash as historic US port strike ends
Container liner shares fell across the board in Europe and Asia after the US port strike ended on Thursday. AP Moller-Maersk ...
Maersk Shares Jump as US Port Strike Looms, Boosting Rates
AP Moller-Maersk A/S shares jumped as much as 4.9%, extending recent gains on expectations that labor talks with US port ...
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Maersk Adds Port Disruption Surcharge as Strike Looms
AP Moller-Maersk added a local port disruption surcharge for all cargo moving to and from the East Coast and Gulf Coast ...
FBI agents board vessel managed by company whose other ship collapsed Baltimore bridge
Federal agents have boarded a vessel managed by the same company as a cargo ship cargo ship that caused the deadly Baltimore ...
Seeking Alpha2d
Maersk warns on costs, delays from U.S. dockworkers strike
Shipping giant A.P. Moller-Maersk (OTCPK:AMKBY) (OTCPK:AMKAF) cautioned Tuesday that the U.S. dockworkers strike will affect supply chains, leading to delays in cargo movement, increased costs ...
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FBI boards ship managed by same parent company as vessel that hit Key Bridge
The FBI and other federal law enforcement agents at sunrise on Saturday boarded a massive container ship in the Port of ...
Stocks to Watch Friday: Spirit Airlines, Seven & I, Maersk
The budget carrier and its bondholders have discussed a potential bankruptcy filing after its failed merger with JetBlue Airways, [The Wall Street Journal reported]( ...
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Maersk port strike surcharge hints at higher freight rates as disruption looms
A new disruption surcharge announced by AP Moller-Maersk could signal a rise in container freight rates in the wake of a ...
Live news: Singapore property tycoon Ong Beng Seng charged in corruption scandal
Singapore has charged billionaire property tycoon Ong Beng Seng for abetting a minister as part of a corruption scandal that ...
Maersk parent to invest $1.7 bln in fossil-free plastics plant at Antwerp port
A.P. Moller Holding, majority owner of shipping giant Maersk , plans an initial investment of 1.5 billion euros ($1.7 billion ...