EXPLAINED: Vincent clerc | Vintage Vibes

Maersk plans to expand fleet as CEO sees new era for shipping

In light of shifting shipping economics, Maersk is set to expand its container fleet, embracing market volatility as a path to increased profits.

The Economic Times · Sep 14

Global Chaos Hasn't Stopped Shipping. Executives Are Marveling At The Industry's Resilience.

CEOs from two of the world's largest shipping companies are saying that the industry has shown resilience in the face of challenges such as the Iran war.

International Business Times · Aug 13

Shipping industry wary of resuming Strait of Hormuz navigation despite imminent deal

The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation.

Euronews · Jun 18

Maersk hikes shipping prices to offset cost hit from Iran war

Chief executive Vincent Clerc said the closure of the Strait of Hormuz could start impacting global trade and consumer demand.

Evening Standard · May 7

Maersk's Net Profit Sinks Amid Red Sea Attacks

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.

International Business Times · May 2, 2024

Shipping Giant Maersk's Profit Sinks, Warns Of Red Sea Risk

Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea.

International Business Times · Feb 8, 2024

Government fears UK economy could shrink in face of attacks on shipping in Red Sea

US and UK launch airstrikes against Houthis, which has targeted international cargo ships in Red Sea

The Independent UK · Jan 12, 2024

Global trade falls amid Houthi attacks on merchant ships in Red Sea

Maersk boss says it could take months before trade route is safe to traverse

The Guardian - UK · Jan 11, 2024

Remembering England’s unlikely run to the 2007 Rugby World Cup final

Paul Sackey, Simon Shaw and Joe Worsley explain how a player-led recovery took England into the final despite the team being written off after a humiliating 36-0 pool defeat by South Africa

The Guardian - UK · Aug 30, 2023

Shipper Maersk reports most profitable year, warns of drop

The world’s biggest shipper, Denmark’s A

The Independent UK · Feb 8, 2023