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Shipping group Maersk: US-China agreement is a positive step; shares soar

Posted to Maritime Reporter on May 12, 2025

Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

Delivering companies respond to Houthi attacks in Red Sea

Posted to Maritime Reporter on July 22, 2024

European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.
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