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Stock impact report

Maersk joins other shippers in raising prices for Gulf-bound containers [Reuters]

A.P MOLLER-MRS UNS/ADR (AMKBY) 
NASDAQ:AMEX Investor Relations: investor.maersk.com/investor-relations
Company Research Source: Reuters
Maersk joins other shippers in raising prices for Gulf-bound containers - Reuters 2 Min Read COPENHAGEN (Reuters) - A.P. Moller-Maersk have joined other major container shipping companies in increasing prices for sending containers into the Persian Gulf in response to the heightened risk of military conflict in the area. Attacks on two oil tankers in the Gulf of Oman last month drove up oil prices and raised concerns about a U.S.-Iranian confrontation. [nL4N23K1S2] The United States has blamed Iran for the attacks, although Tehran has denied the accusation. “Due to recent unexpected and very significant increases in key factors impacting shipping operational costs in the Arabian Persian Gulf, Maersk is implementing an emergency risk charge globally that applies to all cargo to and from the Arabian Persian Gulf,” Copenhagen-based Maersk said in a statement late on Thursday. Maersk, the world’s biggest container shipper, said it would charge an extra $42 per 20-foot container for shipme Show less Read more
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