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Danish shipping giant Maersk chartered vessel in US bridge collision

A container ship which on Tuesday crashed into the Francis Scott Key Bridge in US city Baltimore was chartered by Danish freight giant Maersk, the company has confirmed.

Danish shipping giant Maersk chartered vessel in US bridge collision
Danish shipping giant Maersk has confirmed it chartered the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, U.S., March 26th, 2024. Photo: Julia Nikhinson/Reuters/Ritzau Scanpix

The bridge collapsed in the early hours of Tuesday local time after being hit by the container ship Dali.

Maersk has confirmed in a written statement to Danish newswire Ritzau that it commissioned the container.

“We are horrified at what has happened in Baltimore and our thoughts go to all those affected,” the company wrote.

“We can confirm that the container ship Dali, under control of the charter ship company Synergy Group, was on a limited Maersk charter and was loaded with Maersk customers’ loads,” it stated.

The ship itself is owned by the company Grace Ocean Private, and operated by Synergy Marine Group.

“Chartering” of the ship by Maersk means the Danish company’s business goods were on board, but not its staff. It also means Maersk is not the owner of the ship.

The Dali was leaving the port at Baltimore bound for Colombo in Sri Lanka before suddenly changing course and colliding with the bridge.

Video footage from the scene shows the bridge quickly collapsing into the Patapsco river immediately after the collision.

Maersk told Ritzau it has no further comment.

Emergency services in Baltimore were looking for casualties on Tuesday with up to 20 people having possibly fallen into the water, according to reports by US media CNN.

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MÆRSK

Denmark’s Maersk ups profit target by $2bn on Red Sea shipping woes

Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the Red Sea.

Denmark's Maersk ups profit target by $2bn on Red Sea shipping woes

Months of attacks by Yemen’s Iran-backed Huthis have prompted some shipping companies to detour around southern Africa to avoid the Red Sea route — which normally carries about 12 percent of global trade.

Maersk said in a statement that it was upgrading it’s 2024 full-year guidance “due to the continued supply chain disruption caused by the situation in the Red Sea, which is now expected to continue at least until the end of 2024, coupled with robust container market demand.”

The Danish company said it was now expecting its operating profit (earnings before interest, taxes, depreciation, and amortisation or EBITDA) to come in at between $9 and $11 billion for the full year.

Already in June, the shipping giant had upped its projected EBITDA by $3 billion to between $7 and $9 billion.

“Trading conditions remain subject to higher than normal volatility given the unpredictability of the Red Sea situation and the lack of clarity of supply and demand,” it added.

Maersk, which is due to report its second quarter earnings on August 7, said that based on preliminary figured it would report a revenue $12.8 billon, and EBITDA of $2.1 billion for the second quarter.

The Yemeni rebels have been launching drones and missiles at shipping in the Red Sea since last November, saying they are acting in solidarity with Palestinians during the Gaza war.

In July, a deadly Huthi drone strike on Tel Aviv prompted Israeli air strikes on Yemen’s port of Hodeida, which killed nine people and triggered a massive inferno.

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