Maersk

Maersk suspends two shipping services due to Middle East crisis

It would halt its FM1 service connecting the Far East to the Middle East and its ME11 service linking the Middle East to Europe

Some 20% of global oil, including from producers Saudi Arabia, the United Arab Emirates, Iraq, Kuwait and Iran, passes through Hormuz along with large volumes of LNG from Qatar.

Oil and gas majors and traders suspend shipments via Hormuz: sources

Vessel traffic through the strait has not completely stopped but disruptions are building rapidly

The vessel’s delivery on Feb 26 follows the completion of sea trial activities and final readiness evaluations.

Seatrium delivers US$475 million vessel to Maersk for wind project targeted by Trump’s stop-work order

The vessel was central to a now-resolved arbitration dispute between the two groups in late 2025

CK Hutchison said that Panama has provided no clear assurances about PPC’s continued operations at Balboa and Cristobal.

CK Hutchison warns of legal action if Maersk takes over Panama’s Balboa, Cristobal terminals

The move comes after Panama’s Supreme Court annulled key port contracts held by PPC

Maersk forecasts that the global container trade will grow 2 to 4% this year.

Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs

It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025

Maersk made the first safe transit in December, followed by another sailing earlier in January.

Maersk to return to Red Sea as stability improves in region

The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels

The shipping sector is facing more difficulty than most in lowering emissions, requiring costly retrofits on existing vessels or new ships that can operate on e-fuels.

Maersk explores more ethanol use for green fuel to cut reliance on China

This will boost the shipping industry’s decarbonisation efforts

Upon delivery of the vessel by Feb 28, 2026, Seatrium will receive upfront payment of about US$110 million.

End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order

Singapore company expects vessel to be delivered as agreed in recent settlement with Danish shipping giant

The potential return of Maersk to the Suez Canal could ripple through the shipping sector.

Maersk completes first Red Sea voyage in nearly two years

The shipping company says it has no plans to fully reopen the route but may gradually resume sailing via Suez and the Red Sea