Maersk Line, the world's biggest container shipping company, has stopped port calls to Iran as Western sanctions pressure on the Islamic Republic mounts, a spokeswoman said on Tuesday.
Many of Iran's imports, including foo
The world's biggest container shipping company, Maersk Line, said it would raise rates on routes from South Asia and the Middle East to Europe from February 1, but said rates remained unacceptably low.
The company, part of Danish shipping
Maersk Line, the world's largest container shipper, said it will raise freight rates between Europe and Asia for the second time in two months as current price levels are still unacceptable.
The shipper, a unit of Danish shipping and oil g
Danish shipping and oil group AP Moller-Maersk said its container shipping unit Maersk Line would lay off between 2,000 and 3,000 workers as part of a new strategy to return to long-term profitability.
That is around 10 percent of the unit