Higher rates drive Maersk’s Q3 profitability

Maersk CEO Vincent Clerc has announced a 13-week timeline for the full rollout of the Gemini Cooperation network.

The Port of Aarhus is confident that its lease agreement with MSC’s Terminal Investment Limited will proceed as planned, despite ongoing legal action from APM Terminals.

Maersk has secured combined offtake agreements that now meet over 50% of the projected demand for its dual-fuel methanol vessels in 2027.

Hapag-Lloyd has raised its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight rates despite rising operational costs.

Rotterdam’s container volumes up by 3% in the first nine months of the year, despite lower number of port calls.

APM Terminals has turned to the court for clarity on the Port of Aarhus’s lease award to MSC, claiming the process was faulty and not transparent.