Shipping Services News Today

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. lets go and take a look at whats on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? im going to be discussing all of t...

instead they are taking the long way round from asia to europe and around the cape of good hope. thats an extra 3500 nautical miles, or up to two weeks sailing, adding as much as a million dollars per ship in fuel alone. maersk ceo vincent clark told the bbc�*s aaron heslehurst that these extra costs are already being passed onto consumers. this is one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going...

the cape of good hope. thats an extra 3,500 nautical miles, or up to two weeks sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc�*s aaron heslehurst that these extra costs are already being passed on to consumers. its one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in ...

before those strikes took place, the boss of maersk, one of the worlds biggest shipping companies, spoke to the bbc to warn of �*significant disruption�* to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re—routing its vessels away from the red sea and suez canal. instead they are taking the �*long way round�*, from asia to europe, and around the cape of good hope. that�*s an extra 3500 nautical miles, or up to two week�*s sa...

Shares of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM – Get Free Report) traded up 4.4% on Wednesday . The company traded as high as $18.60 and last traded at $18.42. 1,743,215 shares changed hands during trading, a decline of 74% from the average session volume of 6,720,396 shares. The stock had previously closed at $17.65. […]

ZIM Integrated Shipping Services (NYSE:ZIM – Free Report) had its price target raised by Barclays from $5.00 to $10.00 in a report issued on Tuesday, Benzinga reports. They currently have an underweight rating on the stock. Several other analysts have also recently commented on ZIM. JPMorgan Chase & Co. dropped their price target on ZIM […]

ZIM Integrated Shipping Services (NYSE:ZIM – Free Report) had its price objective hoisted by Barclays from $5.00 to $10.00 in a research report released on Tuesday morning, Benzinga reports. Barclays currently has an underweight rating on the stock. Several other equities analysts have also weighed in on ZIM. Jefferies Financial Group restated a buy rating […]

According to Dasuki, the next step would be to present the report to the House of Representatives for consideration.

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM – Get Free Report)’s stock price gapped up prior to trading on Tuesday after Barclays raised their price target on the stock from $5.00 to $10.00. The stock had previously closed at $21.04, but opened at $21.95. Barclays currently has an underweight rating on the stock. ZIM Integrated Shipping […]

ZIM Integrated Shipping Services (NYSE:ZIM – Get Free Report) had its price objective raised by research analysts at Barclays from $5.00 to $10.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price target would indicate a potential downside of 52.94% from the company’s previous […]