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Manila Bulletin

Marcos: New Maersk facility to boost PH logistics system
President Marcos said that the newly opened Maersk Optimus Distribution Center will bring the country's logistics system a step closer to becoming a "powerful force" that will bridge the country's islands, breathe life into different industries, and bring people together toward development....
Manila Bulletin

Shipping giant Maersk's profit sinks, warns of Red Sea risk
COPENHAGEN, Denmark -- Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea. The downbeat forecast came after its 2023 earnings were hit by overcapacity in the...
Manila Bulletin

Maersk joins Razon venture in waste-to-fuel project
Global integrated shipping firm Maersk is the newest investor-partner to join the waste-to-fuel venture being advanced by Razon-led Prime Infrastructure Holdings Inc. Prime Infra Logo In a statement to the media, Prime Infra indicated that Maersk’s investment into the waste-based fuel production...
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