trade
Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes
The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the coming months. Speaking to CNBC’s “Squawk Box Europe” after Maersk posted its first-quarter earnings, Clerc said the group is facing intens
The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the coming months. Speaking to CNBC’s “Squawk Box Europe” after Maersk posted its first-quarter earnings, Clerc said the group is facing intense cost pressures that would have to ...
Originally published at Hellenic Shipping News - Metals & Commodities