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AMKAF

A.P. Moller - Maersk AS

https://www.maersk.com/

CEO

Soren Skou

Industry

Deep Sea Freight Transportation

Open

1600.00

Mkt cap

26B

Volume

High

1600.00

P/E Ratio

6.90

52-wk high

2078.00

Low

1600.00

Div yield

0.05

52-wk low

1246.00

The U.S. has reclassified the Houthi rebels as terrorists after their second attack on an American-operated ship in the Red Sea, disrupting global trade. Major shipping companies like A. P. Moller Maersk A/S have rerouted vessels, leading to increased freight rates and war risk premiums. Shell PLC has suspended Red Sea shipments due to security concerns. The U.S. aims to cut off the rebels' funding and weapons with the terrorist designation, while maintaining security in vital trade routes.

Portfolio Pulse from Benzinga Neuro

January 18, 2024 | 2:47 am

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