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Maersk

Maersk
Maersk: A leading Danish entity in integrated container logistics, headquartered in Copenhagen, Denmark. Maersk specialises in global container shipping, port operations, and comprehensive supply chain management, including warehousing, air, and inland freight. They primarily serve multinational corporations and freight forwarders, aiming to provide end-to-end logistics solutions. As the world’s second-largest container shipping company, Maersk is notable for its extensive global network and commitment to decarbonisation, aiming for net-zero emissions by 2040. Their overall business focus is on transforming into a global logistics integrator, navigating challenges such as advising clients of potential diversions due to conflict.
Tecon Santos 10, a planned 621,000-square-metre container terminal in Brazil’s port city of Santos, is expected to boost the country’s capacity by 3.25 million TEUs under a 25-year concession. Photo: Reuters
China-Latin America relations

China wants Brazil’s biggest port terminal. Washington just said no

US consul-general Kevin Murakami told port executives the Santos megadeal should not fall into ‘unwanted hands’.

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China trade

Papers please: China raises pressure on Panama with ship inspection wave

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China trade

Strait of Hormuz marks first full day’s pause as no ships cross amid Iran war

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US-China trade war

China summons Maersk, MSC on shipping operations amid Panama saga, Iran war

Beijing gave no reason for order – but both firms at centre of dispute after Panama ruled against CK Hutchison’s operation of two ports.

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The main entrance of the port of Balboa in Panama City, taken on February 12. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate CK Hutchison Holdings, is seeking US$2 billion in damages from the Panamanian government over what it described as the “illegal takeover” of the operations of two ports at either end of the strategic canal. Photo: AFP
US, Israel war on Iran

Maritime mayhem: shipping firms halt Gulf routes amid regional military strikes

Rising tensions in the Strait of Hormuz see vessels diverted and bookings suspended, as companies impose emergency fees of up to US$4,000 per unit.

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Hong Kong economy

CK Hutchison pursues ‘all legal options’ on Panama ports, invites consultations

Conglomerate says authorities have ‘advanced steps towards a forced exit’ of Panama Ports Company (PPC) and are preparing to transition port operations.

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Transport and logistics

Panama’s ‘dangerous precedent’: why ports appear pawns as politics top contracts

Panama’s move to void CK Hutchison’s deal fuels fears of broader asset seizures, with analysts warning of rising risks for Chinese operators in the US sphere.

A view of the main entrance of the Port of Balboa in Panama City on Friday. A subsidiary of Hong Kong-based CK Hutchison, Panama Ports Company (PPC), announced on Tuesday that it had initiated international arbitration proceedings against Panama after its courts revoked the concession allowing it to operate two ports on the interoceanic canal. Photo: AFP
US-China trade war

China, US suspend rival port fees in latest trade war thaw

Beijing also pauses sanctions on South Korean shipbuilder affiliates, while shipping industry welcomes suspended duties.

US-Asean relations

Who wins the US-China trade war? Maersk’s mega-bet backs Southeast Asia

The shipping giant sees Southeast Asia as a net beneficiary of Trump’s tariff turmoil.

Hong Kong economy

Panama seeks partners in new port plan that ‘may ease US-China rivalry’

Panama Canal Authority says it has ‘launched a consultation process with representatives of the maritime industry to identify potential partners’.

The Panama Canal Authority has met key industry players ahead of tendering its US$2.6 billion plan to build two new port terminals. Photo: AFP
China shipbuilding

Ships divert, directors resign as US-China port fees rock shipping industry

Global carriers scramble to adapt as new US and Chinese duties take effect – and first vessel reportedly hit with 4.5 million yuan charge.

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A container ship sails at a port in China’s eastern Shandong province. New US and Chinese port fees have rocked the shipping industry in recent days. Photo: AFP
China trade

Despite US-China tariff truce, the turning tide keeps reshaping shipping routes

Analysts do not expect tariffs to be eliminated, regardless of what happens in the coming three months, and this could continue weighing on US import volumes.

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China shipbuilding

Maersk downplays hit from US port fees as doubts swirl over anti-China plan

The global shipping giant says it will neither raise prices nor stop buying Chinese vessels due to the looming US charges.

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Israel-Iran conflict

How Israel-Iran war sent ripples of fear through the global maritime trade

The ghost of the 1980s ‘tanker war’ returned as Iran’s threats to close the Strait of Hormuz saw ships change course and freight rates soar.

A tanker is seen ablaze in 1987 after being attacked by an Iranian warship as it approached the Strait of Hormuz. Photo: AFP
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