Supply Chain - Shipping

DP World Chairman Says Trade Tensions Will Make 2019 Challenging

Global ports operator DP World believes international trade tensions such as those between the United States and China will make 2019 challenging but not u...

Maersk To Invest In Exhaust Scrubbers Ahead Of 2020 Fuel Quality Changes

A.P. Moller-Maersk, the world's biggest container shipping group, will add devices to reduce harmful exhaust emissions to some of its ships ahead of new gl...

Maersk Cuts 2018 Profit Forecast, But Eyes Market Recovery

Shipping giant A.P. Moller-Maersk has cut its 2018 earnings forecast due to higher fuel prices, although the downgrade was smaller than some analysts had f...

Shipping Group CMA CGM's Founder Jacques Saade Dies At 81

Jacques Saade, the Lebanese immigrant who founded French shipbuilding firm CMA CGM and oversaw its rise to become a leading player in its global sector, di...

Maersk Poaches New Finance Chief From Assa Abloy

Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new chief financial officer, it said on Wednesday. Happe will take the position at...

Maersk First Quarter Profit Lags Forecasts; Flags Geopolitical, Trade Risks

Shipping group A.P. Moller-Maersk missed first-quarter core profit expectations on Thursday but kept guidance for the year unchanged, even though it flagge...

Shipping Firm MSC Stops Trade With Sanctions-Hit Russian Entities

Mediterranean Shipping Company (MSC) has stopped any new trade with Russian entities targeted by U.S. sanctions, the world’s number two container gro...