Tuesday 2 September 2014
 
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A P Moller-Maersk

Shipping giants face EU probe

EU regulators are to investigate whether 14 of the world's major container shipping companies, including the world's biggest, A P Moller-Maersk, have been orchestrating price rises since 2009 for routes to and from Europe in breach of EU

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Maersk plans to double freight charges

A P Moller-Maersk, owner of the world's biggest container shipping company, is "100 per cent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since March.

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