Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession. Judging by the demand for shipping containers, the amount of goods being stored before delivery or processing, and the number of purchase orders from importers...
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2025 and aims to create a flexible and interconnected ocean network with industry-leading reliability, the companies said in a...
Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec. 4) press release that the investment aims to boost efficiency, reduce trade costs and strengthen supply chain resilience in the region. Maersk...
Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its financial results for the third quarter, including a decrease in revenue from $22.8 billion in the same quarter last year...
July 14, 2017
The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up, but with systems down for days or weeks, bottom lines certainly suffered regardless. A month later, the Petya worm exploited the same Microsoft Windows vulnerability […]
August 07, 2024
Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession. Judging by the demand for shipping containers, the amount of goods being stored before delivery or processing, and the number of purchase orders from importers — which are three good indicators of the strength of […]
January 17, 2024
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2025 and aims to...
December 04, 2023
Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec. 4) press release that the investment aims...
November 03, 2023
Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its financial results for the third...
