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.
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 has denied President Bola Tinubu’s claim that the Danish shipping conglomerate had promised to bring an additional $600 million worth of investment into Nigeria.
Maersk has denied President Bola Tinubu’s claim that the Danish shipping conglomerate had promised to bring an additional $600 million worth of investment into Nigeria.
President Bola Tinubu has secured a $600 million investment from Danish shipping giant, A.P Moller-Maersk to expand Nigeria’s port infrastructure. This investment is part of a broader strategy to enhance the capacity
Nigerian shippers have kicked against the imposition of a $300 peak season surcharge (PSS) on Nigeria-bound containers from Asian countries by Maersk. According to the aggrieved shippers, there is a subsisting court
Shipping giant Maersk said Friday that it would divert all vessels around Africa instead of using the Red Sea and Suez Canal for the "foreseeable future" after Yemeni rebels attacked its merchant