Maersk’s air freight company, Maersk Air Cargo, significantly miscalculated freight rates in 2024 and ended the year with a loss of USD 29.4m. The air freight company had expected to report a profit ...

Cargo ships will have to be patient when entering and leaving major European ports, where congestion is reportedly so bad that it is causing bottlenecks in supply chains and long waiting times for ...

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Bunker Holding delivers approximately 25 million tons of marine fuel per year according to Ship & Bunker’s annual report. Previously, the company was around 30 million tons. The decrease is an ...

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Pacific Basin has signed a preliminary agreement with The Hong Kong and China Gas Company, Towngas, to improve the company’s access to the more climate-friendly ship fuel green methanol.

The freight forwarder must show a credible and decisive response in order to avoid damage to recruitment opportunities, according to advisory chief. Jens Lund is CEO of the world's largest freight ...

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The flood of customs notifications challenges both Maersk and its customers. Global advisory team is working to protect customers from unnecessary bills. The worst thing companies can do in the tariff ...

For the oil market, the concern is that the war will affect oil transportation through the Strait of Hormuz, the sea route out of the Persian Gulf. The US attack on Iranian nuclear facilities is ...

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