Maersk slumps 6.5% 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.
European shipping firm shares drop as dockworkers temporarily end U.S. port strikes
Europe’s top shipping firms would have benefited from a more prolonged strike in U.S. ports that would have let them capture a larger share of global trade
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.
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.
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
Stock futures traded mostly higher Friday ahead of the U.S. jobs report for September, which will provide the Federal Reserve ...
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 ...
Maersk Cautions on Costs And Delays From U.S. Dockworkers Strike
The Danish shipping company said the strike will affect supply chains, delay cargo movement, increase costs and create ...
Maersk among Friday's fallers as US port strike called off
Shares in shipping firms were in the red on Friday, with Maersk particularly affected, following the resolution of a US port ...
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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 ...
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]( ...
Europe needs to incentivise green pioneers, Maersk boss says
Among European green pioneers, wind farm developer Ørsted and battery maker Northvolt have struggled in recent months. Ørsted ...
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 ...
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 ...