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Top related persons:
Moller Maersk - 2 Jonathan Saul - 1 Ari Rabinovitch JERUSALEM - 1 Noah Trowbridge - 1 Hapag Lloyd - 1 Shipbroker BRS - 1 BRS - 1 Eli Glickman - 1
Top related locs:
Gaza Ashkelon Ashdod Haifa Israel London East Gulf Gulf of Oman
Top related orgs:
Hamas - 1 Dryad - 1 Ships - 1 Zim - 1 Ministry of Defense - 1 Citi - 1 HSBC Holdings - 1 Zurich Insurance Group - 1

Search resuls for: "Moller Maersk"


5 mentions found


☆ Israel's Ports Feel Strain as Shipping Traffic Slows After Attacks
  + stars: | 2023-10-10 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +4 min
Israel's southern coastal city of Ashkelon, which has a small port well in range of Hamas rockets, is not allowing ships to enter, shipping sources said. While the main Israeli ports of Ashdod further up the coast and Haifa in the north, remain open, shipping and maritime security companies are reviewing their operations for Israel, industry sources said. "Israeli ports are deemed to be at heightened risk," said Noah Trowbridge, with British maritime risk advisory and security company Dryad Global. "Since Gaza has a coastline, direct threats to shipping inside Israeli waters cannot be ruled out," BRS said. This compared with a premium of 0.0125% earlier this year, insurance sources said.
Persons: Jonathan Saul, Ari Rabinovitch JERUSALEM, Noah Trowbridge, Hapag Lloyd, Shipbroker BRS, BRS, Moller Maersk, Eli Glickman, INTERTANKO, ” INTERTANKO, Ari Rabinovitch, Sharon Singleton Organizations: Hamas, Dryad, Reuters, Ships, Zim, Ministry of Defense, Facebook Locations: Gaza, Ashkelon, Ashdod, Haifa, Israel, London, East Gulf, Gulf of Oman
☆ Looking for value stocks? Citi lists over 10 European names — for risk-takers and the cautious
  + stars: | 2023-09-22 | by ( Amala Balakrishner | ) www.cnbc.com   time to read: +2 min
European value stocks are doing better than growth stocks right now, according to Citi analysts. Citi defined "quality" value stocks as those in the top fifth and fourth quintiles for three characteristics: value, low risk and quality. Citi said investors "have not been particularly risk-averse," as risky value stocks are up 8.6%, while quality value stocks are down 0.3% in the year to date. Nevertheless, the bank noted that investors appear to have been more cautious since the start of August, as quality value stocks are up 4.6%, while risky value stocks are down 0.6%. 'Risky value' stocks For this screen, Citi looked for stocks that scored in the seventh or above decile for value and those in the fifth or below decile for "value low risk" and quality.
Persons: TotalEnergies, Moller Maersk, — CNBC's Michael Bloom Organizations: Citi, HSBC Holdings, Zurich Insurance Group, ABN AMRO, Imperial Brands, Nokia, BNP, BMW, Bayer, Life, WPP PLC Locations: European, China, Dutch, Danish
☆ Shipping containers ablaze at Turkey's Iskenderun Port, operations halted
  + stars: | 2023-02-07 | by ( Antony Paone | ) www.reuters.com   time to read: +3 min
ISKENDERUN, Turkey, Feb 7 (Reuters) - Hundreds of shipping containers were ablaze at Turkey's Iskenderun Port on Tuesday, shutting down operations and forcing freight liners to divert vessels to other ports. Leading global container shipping group AP Moller Maersk said there had been significant damage to logistics and transport infrastructure around the earthquake epicentre, including at the Port of Iskenderun. We are currently planning to divert containers to nearby hubs within operational feasibility or hold at transhipment ports - including Port of Mersin (in Turkey) and Port Said (in Egypt)," it said. [1/3] Smoke rises from burning containers at the port in the earthquake-stricken town of Iskenderun, Turkey, February 7, 2023. German container shipping line Hapag Lloyd said it was taking shipments from Mersin given the closure of Iskenderun.
☆ 'Never been so cheap': Fund manager explains why he loves shipping stocks right now
  + stars: | 2022-12-28 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
There are a host of reasons to consider investing in shipping companies, according to Pure Value Metrics' Richard-Mark Dodds, who said many of the stocks had attractive entry points. It's in contrast to the bumper year of 2007, Dodds said, when ship owners mistakenly expanded their shipping fleets instead. Buy-rated shipping stocks CNBC Pro screened for stocks in the shipping sector that could offer opportunities to investors. Shipping fleet 'becoming more valuable' Meanwhile, Dodds pointed toward another trend that could boost earnings: a reluctance by shipping owners to buy new vessels over environmental concerns. "The [existing] shipping fleet is becoming more valuable as time goes by because fewer ships are being built."
☆ Maersk recession pain could yet get more acute
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: +2 min
Moller Maersk (MAERSKb.CO) is experiencing the dark side of relief in the world’s recovering supply chains. They have now fallen below $4,000, and a recession could drive them down further. Falling freight rates and volumes could encourage Maersk’s clients, who have flexible contracts, to scale back on their shipping orders. The clients can then buy up freight contracts in the open market, which are cheaper than contracts signed months ago. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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