Newsfeeds Archive - Spark Newswire

2 minute read

Red Sea Disruptions To Cut Shipping Capacity By 15-20% In Q2, Says Maersk

May 6, 5:18 AM

Maersk, the world's largest container shipping company, has announced that the ongoing disruptions in the Red Sea will significantly impact the industry's capacity in the second quarter.

AMKBY

2 minute read

General
News

Maryland Bridge Repair Begins With $60M Federal Aid, Reconstruction Estimated To Cost $2B

By Benzinga Neuro

March 29, 2:48 AM

The funds will be used for operations, debris removal, and mobilization, setting the stage for a swift recovery.

AMKBY

2 minute read

How Much Will Baltimore Bridge Damage Cost — And Who Will Pay For It?

By Ramakrishnan M

March 27, 6:24 AM

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 life.

AMKBY

1 minute read

Turmoil In The Red Sea: Why Zim Integrated Shipping Stock Is Sinking

By Erica Kollmann

February 8, 4:54 PM

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 in order to avoid the Red Sea due to continuing attacks on vessels by Iran-backed Houthi militia.

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2 minute read

Red Sea Crisis Hits Maersk Outlook: ‘Oversupply Will Cause Price Pressure, Impact Results’

By Neil Dennis

February 8, 1:52 PM

The Red Sea crisis has caused "immediate capacity constraints and a temporary increase in rates," CEO Vincent Clerc.

AMKBY

2 minute read

Markets
News

Barron’s Weekend Stock Picks: Abercrombie & Fitch, Apple, Nvidia And IBM’s AI Play

By Justin Chan

January 6, 10:12 AM

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.

AAPL

3 minute read

Uncategorized

A Glitch In The Rally? Cruise Operators And Chip Stocks Targeted In Profit Taking

By Neil Dennis

January 3, 10:19 AM

The biggest losers in Tuesday's sell-off were the biggest gainers of 2023, indicating profit taking.

AMAT

2 minute read

WTI Crude Oil Prices Soar On New Year’s Kickoff As Tensions Escalate In Red Sea Between US, Iran

By Piero Cingari

January 2, 10:29 AM

WTI crude oil prices surpassed $73 per barrel — a rally directly tied to escalating tensions in the Red Sea.

AMKBY

2 minute read

Trade Turmoil: Houthi Attacks In Red Sea Ignite Rerouting Crisis, Drive Surging Shipping Stocks

By Piero Cingari

December 28, 2:07 PM

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 operational costs and consumer prices.

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2 minute read

Shipping Giant Maersk Eyes Development Of Green Methanol Bunkering Infrastructure In Yokohama: Details

By Lekha Gupta

December 28, 12:38 PM

Denmark's Shipping group, A. P.

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