Previous Close | 1,430.00 |
Open | 1,430.00 |
Bid | 1,335.00 x 800 |
Ask | 1,516.05 x 1400 |
Day's Range | 1,430.00 - 1,430.00 |
52 Week Range | 1,246.00 - 2,078.00 |
Volume | |
Avg. Volume | 62 |
Market Cap | 22.166B |
Beta (5Y Monthly) | 1.05 |
PE Ratio (TTM) | 18.55 |
EPS (TTM) | 71.96 |
Earnings Date | Oct 31, 2024 |
Forward Dividend & Yield | 75.09 (5.62%) |
Ex-Dividend Date | Mar 15, 2024 |
1y Target Est | N/A |
The negative impact on maritime shipping and global supply chains from attacks in the Red Sea continues to intensify as traffic is rerouted away from the Suez Canal, Danish shipping company A.P. Moller-Maersk said on Thursday. Attacks in the Red Sea by Iran-aligned Houthi militants have disrupted a route vital to east-west trade, with prolonged rerouting of shipments, pushing freight rates higher and causing congestion in Asian and European ports. Maersk said recent data showed that the number of ships crossing through the canal has fallen 66% since carriers began diverting their vessels around Africa.
(Reuters) -The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1. Formal talks have reached an impasse as the union and the United States Maritime Alliance (USMX) employer group wrangle over pay, terminal automation, healthcare coverage and retirement benefits. A source familiar with the negotiations said the ILA has asked for a 77% pay bump over the life of the new contract.
The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean - a milestone in the shipping industry's effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the U.S. to buy more of the green fuel, forcing it to rely heavily on petroleum-based maritime fuel for the return trip. At a day-long ship naming event on Tuesday, A.P. Moller-Maersk representatives said the industry that accounts for close to 3% of global greenhouse gases needs more and cheaper green fuel if it is to decarbonize at the pace scientists and world governments say is necessary to fight climate change.