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A.P. Moeller-Maersk A/S ADR (OP: AMKBY )

7.520 +0.040 (+0.53%)
Streaming Delayed Price Updated: 3:53 PM EDT, May 1, 2024 Add to My Watchlist
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Maryland Bridge Repair Begins With $60M Federal Aid, Reconstruction Estimated To Cost $2B
The funds will be used for operations, debris removal, and mobilization, setting the stage for a swift recovery. 
Via Benzinga
How Much Will Baltimore Bridge Damage Cost — And Who Will Pay For It?
The insurance sector anticipates significant liabilities, as per the Financial Times, with insurers expected to cover extensive losses, including bridge damage, port disruptions, and potential loss of... 
Via Benzinga
Baltimore Key Bridge Tragedy Pressures Global Trade: Shipping Already Hit By Panama Canal, Red Sea Challenges
The collapse of the Francis Scott Key Bridge in Baltimore is causing concern for global trade and industry. The chartered ship involved was operated by Synergy Group and chartered by Danish shipping... 
Via Benzinga
Geopolitical Unrest Halts BP, Adnoc's $2B Bid For Israeli Gas Firm
BP and the United Arab Emirates state-owned ADNOC intended to buy a 50% stake in the Israeli oil and gas exploration and production company. 
Via Benzinga
Turmoil In The Red Sea: Why Zim Integrated Shipping Stock Is Sinking
Zim Integrated Shipping Services Ltd. shares are trading lower Thursday as turmoil in the Red Sea creates uncertainty among shipping companies. Many shipping and freight companies have re-routed ships... 
Via Benzinga
Maersk Provides Gloomy Outlook For 2023; Expects To Grow In-Line With The Market
Via Benzinga
Logistics Firm Maersk Appoints Vincent Clerc As CEO
Via Benzinga
Red Sea Crisis Hits Maersk Outlook: 'Oversupply Will Cause Price Pressure, Impact Results'
The Red Sea crisis has caused "immediate capacity constraints and a temporary increase in rates," CEO Vincent Clerc. 
Via Benzinga
Market Miracles: 3 Stocks Ready for an Unprecedented Rally
Despite equities struggling, lower interest rates and the macro environment will benefit these three stocks poised to rally. 
Via InvestorPlace
Big gains on the horizon for shipping stocks in Red Sea conflict?
Can global shipping stocks rise as they raise rates due to Middle East conflicts and Latin America drought? Analysts see a 40% rise in shipping rates. 
Via MarketBeat
Topics ETFs Economy
Exposures Interest Rates
Why Do Shipping Stocks Gain in Times of Geopolitical Crisis?
Shipping stocks are rising, even as tensions escalate on the Red Sea. Here's why these conflicts don't push shipping stocks down. 
Via InvestorPlace
A Glitch In The Rally? Cruise Operators And Chip Stocks Targeted In Profit Taking
The biggest losers in Tuesday's sell-off were the biggest gainers of 2023, indicating profit taking. 
Via Benzinga
WTI Crude Oil Prices Soar On New Year's Kickoff As Tensions Escalate In Red Sea Between US, Iran
WTI crude oil prices surpassed $73 per barrel — a rally directly tied to escalating tensions in the Red Sea. 
Via Benzinga
Exposures Fossil Fuels
Trade Turmoil: Houthi Attacks In Red Sea Ignite Rerouting Crisis, Drive Surging Shipping Stocks
Escalating disruptions in the Red Sea by Yemen-based Houthi rebels has caused a significant shift in global trade patterns, with half the container-ship fleet rerouting to avoid the area, increasing... 
Via Benzinga
Shipping Giant Maersk Eyes Development Of Green Methanol Bunkering Infrastructure In Yokohama: Details
Denmark's Shipping group, A. P. 
Via Benzinga
Inflation Warning For 2024: Red Sea Disruptions Causing Freight Rate Spikes And Higher Costs
When it comes to inflation, the current turmoil in the Red Sea could give U.S. policymakers a few headaches in the coming months 
Via Benzinga
Topics Economy
Exposures Interest Rates
Why These 7 Cloud Computing Stocks Should be on Your Radar in 2024
These top cloud computing stocks are poised for success as the market is set for substantial growth and innovation in 2024. 
Via InvestorPlace
Why Is NIO Stock Up Today?
Nio stock is rising higher on Friday after the electric vehicle (EV) company announced plans to lay off a significant chunk of its employees. 
Via InvestorPlace
Topics Electric Vehicles
Exposures Electric Vehicles
CVNA Stock Alert: What Analysts Are Saying After Carvana’s Q3 Earnings
Carvana stock is on the move as analysts weigh in on CVNA shares following the release of the company's latest earnings report. 
Via InvestorPlace
Why Is Werewolf Therapeutics (HOWL) Stock Up 20% Today?
Werewolf Therapeutics stock is taking off with heavy trading of HOWL shares after posting preliminary data from a clinical trial. 
Via InvestorPlace
Maersk Layoffs 2023: What to Know About the Latest AMKBY Job Cuts
Maersk layoffs are coming for 3,500 of the company's employees as it builds on the 6,500 jobs already cut throughout 2023. 
Via InvestorPlace
Topics Workforce
Exposures Layoff
Ryan Rugg: Leading The Big 4's Charge Into Institutional Blockchain Adaptation
Ryan Rugg, Citigroup's head of digital assets, will speak at Benzinga's Future of Digital Assets conference in New York City next month. 
Via Benzinga
Maersk Records A 72% Decline In Q2 Profit
The world’s 2nd largest shipping company reported $2.91 billion in EBITDA – down 72% versus a record $10.3 billion in the second quarter of 2022. Still, the figure came in well ahead of $2.41 billion... 
Via Talk Markets
This Could Be the End of Enterprise Blockchain
A promising application for the distributed ledger technology is being shut down. 
Via The Motley Fool
Broadcom-Vmware Deal Draws European Regulatory Attention, Rivian Pauses Mercedes-Partnered EV Van Plans For Europe, Credit Suisse Issued Loan On Suspicious Bills: Top Stories Monday, Dec. 12
Reuters Broadcom's Vmware Draws More Regulatory Attention, This Time From EU 
Via Benzinga
IBM and Maersk Wind Down TradeLens in Hit to Mainstream Blockchain Adoption
IBM and Maersk are ditching the TradeLens service they've worked on for five years after failing to get partners to collaborate. 
Via InvestorPlace
Shipping Industry Hinting At Severe Slowdown In Global Economy
Just over a year ago, the average cost to ship a container from Asia to the U.S. West Coast had surged to $20,000. Recently, it went down to $2,720. In other words, the shipping costs plunged by 84%... 
Via Talk Markets
7 Best Shipping Stocks to Buy in October
Shipping is essential to the world’s supply chain. Here are seven of the best shipping stocks for investors to consider. 
Via InvestorPlace
Top 10 Shipping Stocks In 2022
The shipping sector had to face many challenges over the past few years which led to skyrocketing prices, and a three-fold increase in transit times. As a result, 93% of importers and exporters... 
Via Talk Markets
Ride The Waves To Profits
Wall Street analysts would have you believe that the global supply chain problems will be over with soon. Spoiler alert: they will not. 
Via Talk Markets
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