Shipping group Maersk on Thursday reported first-quarter earnings above expectations and lifted the lower end of its ...

Maersk raised the lower end of its full-year guidance despite expecting the overcapacity challenges that have plagued the ...

Shipping giant A.P. Moeller Maersk said it is planning to reroute cargo usually traveling through the Red Sea to the Cape of ...

European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea ...

A suspected missile attack by Yemen’s Houthi rebels targeted a ship in the Red Sea, the latest assault in their campaign ...

A ship in the Red Sea sustained damaged, though its crew remained unharmed, in a suspected missile attack by Yemen's Houthi ...

Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the ...

Emboldened by the war, Houthis have been attacking commercial as well as U.S. and British military vessels in the all-important trade route of the Red Sea, stating the strikes are in solidarity with ...

Danish giant AP Moller-Maersk expects stronger container demand and the prolonged impact of the Red Sea crisis to boost its ...

Despite those disruptions, Maersk still lowered its expected operating loss for the year from $5 billion to between zero and $2 billion.

Featured Image: The Arleigh Burke-class guided-missile destroyer USS Truxtun (DDG 103), top, operates in the Red Sea, May 1, ...