Lt. Col. Darin Gaub, a retired U.S. Army Black Hawk helicopter pilot, says the only hope for de-escalating conflicts in the Middle East is for Israel to remain on the defensive.
Denmark-based shipping giant Maersk is warning customers that the Red Sea crisis could last into the second half of this year, a company executive said on Wednesday.
“Unfortunately, we don’t see any changes coming close to the Red Sea,” said Charles van der Steene, president of Maersk’s North American region. told CNBC In an interview. “We are advising them that longer transport routes could continue into the second quarter and potentially into the third quarter. It will need to be incorporated.”
A Maersk container ship heads for the Red Sea after passing through the Suez Canal in Suez, Egypt. (Christian Helgesen/Bloomberg via Getty Images/Getty Images)
Yemen-based Houthi terrorists have been attacking commercial ships in the Red Sea since November in retaliation for Israeli attacks on the Hamas-controlled Gaza Strip. The attack caused massive trade disruption, with many companies suspending or rerouting shipments around the Cape of Good Hope, increasing costs and delays.
Global shipping costs soar as Red Sea crisis worsens
Maersk first suspended operations in the Red Sea and Gulf of Aden in December, but temporarily resumed operations in the region after the Pentagon announced the establishment of an international mission. Operation Prosperity Guardian This is to counter attacks by the Houthis.
This photo released on November 20, 2023 shows Houthi fighters standing on the Galaxy Leader cargo ship in the Red Sea. (Houthi military media/Handout via Reuters/Reuters photo)
Following the attack on another vessel, Maersk announced in January that it would suspend operations in the region “for the time being.”
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The United States has launched a series of airstrikes against the Houthis in recent weeks to deter them, but the terrorist group continue to target ships In the Red Sea.
FOX Business’ Bradford Betz and FOX News’ Louis Casiano contributed to this report.
