Shipping

Givaudan's 2023 Sales Beats Estimates; Expects Little Red Sea Impact

Givaudan said its sales volumes were stabilising after it reported higher-than-forecast 2023 organic sales growth on strong performance in its fragrances b...

Ukraine's Black Sea Grain Export Success Tested By Red Sea Crisis

Ukraine has managed to boost its Black Sea grain exports to a level not seen since before Russia's invasion, although the Red Sea shipping crisis poses a n...

Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Maersk Continues To Schedule Suez Journeys Despite Houthi Attack

Denmark's Maersk still plans to sail more than 30 container vessels through the Suez Canal and the Red Sea in the time ahead despite a weekend attack on on...

Maersk To Send Almost All Ships Via Suez, Schedule Shows

Denmark's Maersk will sail almost all container vessels travelling between Asia and Europe through the Suez Canal from now on while diverting only a handfu...

Aryzta Invests €40m In New Bakery In Australia

Aryzta has agreed to invest around €40 million in the construction and commissioning of a new bakery in Perth in Western Australia.

Dollarama Lifts Sales Forecast On Steady Demand For Discounted Goods

Dollarama lifted its annual sales forecast, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to dis...