maersk

World’s 2nd largest shipping company, Maersk, suspends all cargo bookings for the UAE, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, & Iraq. Iran could disrupt Hormuz for months

Baghdad (IraqiNews.com) — Maersk announced on Wednesday that it is temporarily suspending most cargo reservations in and out of Iraq as security worries mount throughout the Gulf. The business said that the ban applies to shipments involving many regional nations, including the UAE, Oman, Kuwait, Qatar, Bahrain, and Saudi Arabia. https://www.iraqinews.com/iraq/maersk-suspends-iraq-cargo-bookings-amid-regional-security-concerns/ *Walter Bloomberg @DeItaone IRAN …

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Trump just got a major win at the Panama Canal, Maersk takes over from China-linked firm

The Panama Supreme Court officially annulled CK Hutchison’s contract, a fact confirmed by the Panama Maritime Authority on Friday, giving Maersk temporary control of two ports handling 40 percent of US container traffic. This is not some minor bureaucratic shuffle, it is Trump forcing a Chinese-linked company out of a critical waterway built and once …

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Containership Chaos: Shipping Giants Divert Amid Red Sea Turmoil, Maersk Suspends Transit After Missile Strikes.

https://twitter.com/LavrionMining/status/1741466138981064854 Maersk Halts Red Sea Transit After Container Ship Hit By Missile Maersk, one of the largest shipping companies in the world, suspended all container ship sailings in the Southern Red Sea after Iranian-backed Houthi militants attacked one of its vessels. This comes a day after the shipper reportedly attempted to restart sails in the …

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Maersk Halts Shipping in the Red Sea Following Attacks

by Chris Black The Red Sea is the eastern funnel into the Suez Cannel, and accounts for about 22% of the international container trade (https://www.insurancejournal.com/news/international/2023/12/06/750961.htm) and about 10% of the global oil trade. That Maersk is pausing all Red Sea voyages is significant because they operate (https://www.statista.com/topics/9607/ap-moeller—maersk-a-s/#topicOverview) 15.3% of the global container ship fleet, taking …

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“Boodle Biden” Strikes Again! Biden Announces $16.4B in New Funding For Amtrak’s Northeast Corridor (For Middle Class Consumers, Borrowing Costs Rising, Housing Prices Rising, Banks Cautious About Consumer Lending, Shipper Maersk Announces Plans To Cut At Least 10,000 Jobs)

by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs from foreign countries), or spent improperly (Obama shipping large pallets of cash to US enemy …

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Rail traffic declines significantly, reaching 2021 levels; Maersk warns of global trade slowdown

Rail traffic is down sharply year over year and down even further from 2021. pic.twitter.com/npvGbB4sCB — Don Johnson (@DonMiami3) August 4, 2023 Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge The world’s second-largest shipping company, often seen as a bellwether for global trade, posted a second-quarter profit before …

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