PERSPECTA

News from every angle

← Back to headlines

Maersk CEO Reports $500 Million Monthly Cost Increase Due to Iran War

The CEO of Maersk, a major shipping company, stated that the ongoing Iran war is causing an additional $500 million in monthly operational costs. The company is attempting to absorb these costs rather than passing them on to consumers.

8 May, 17:08 — 8 May, 17:08
PostShare

Sources

Showing 1 of 1 sources
YahooMostly Factual100d ago

The CEO of Maersk, which ships 14% of everything you buy, said the Iran war is adding $500 million in monthly costs it’s trying not to pass down

Read full article →

Related Stories

Dutch Sports Car Manufacturer Spyker Returns with New Model

12m ago

Virgin Secures Track Access for Eurostar Rival Launch in 2030

18m ago

Aston Martin Invests $2 Million in Survival Strategy

41m ago

Norway Wealth Fund and ECB Warn of AI-Driven Stock Market Bubble

42m ago