Maersk released the estimates on Monday, citing attacks by Iranian-backed Houthi militants on merchant shipping in the Red Sea. The Houthi militants have said the attacks are intended to support ...

TASS/. Houthis from the Yemeni rebel movement Ansar Allah claimed responsibility for the attack on the Hangzhou container ship, owned by the Danish company Maersk. "The Yemeni naval forces managed ...

In a messaging group that mistakenly disclosed plans by the US to attack Yemen's Iran-aligned Houthis to a journalist, senior ...

The attack on Maersk Hangzhou was the latest by Houthi militants in Yemen, who have been targeting vessels in the Red Sea since November to show their support for Palestinian Islamist group Hamas ...

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of $ ...

Maersk, one of the world's largest container shipping groups, cautioned that the looming US tariffs could curb global trade flows despite the robust start to 2025.

The shipping industry’s increasing reliance on digitisation and the internet has made it more vulnerable to cyberattack, ...

Danish shipping powerhouse A.P. Moller-Maersk A/S purchased a railway linking ports at both ends of the Panama Canal, undermining the US’s presence along a key trade route where Donald Trump is ...

The Houthis scaled back their attacks on commercial shipping when ... up rates on all big global shipping routes. Last month, Maersk forecast that its earnings would most likely be higher if ...

(Reuters) - Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark's Maersk , one of the world's largest ...

Maersk denies shipping arms to Israel during ... the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according to the CEO of Abu Dhabi National Oil Company's logistics ...