#Maersk

Maersk raised full-year guidance for a third time as congestion pushed rates up 46 percent, even as volumes fell 0.8 percent in the third quarter.

Stillstrom by Maersk has won the Technology and Business Innovation award at The Scottish Green Energy Supply Chain Awards.

Maersk is enduring $500 million in monthly cost hikes from the Iran war, offset so far by rising spot rates and surcharges.

It comes as the U.S. Navy seeks to deliver on President Donald Trump's "Project Freedom" initiative.