Maersk to Restart Shipping Operations in the Suez Canal When Conditions Permit
Maersk Prepares to Resume Suez Canal Shipping Shipping giant Maersk announced on Tuesday that it is nearing the resumption of its shipping activities through the Suez Canal, nearly two years after attacks by Iranian-backed Yemeni Houthi rebels prompted many companies to steer clear of the Red Sea route leading to the canal. During a statement, […]
Maersk CEO Expects Houthi Terrorism in Red Sea Will Continue
Vincent Clercq, CEO of Danish shipping giant Maersk, told clients he expects Iran-backed Houthi terrorism to disrupt shipping in the Red Sea until the third quarter of 2024 and possibly beyond. “The longer this goes on, the more ingrained the costs become. We don’t yet know exactly how much of these costs we’ll be able […]
Maersk Suspends U.S.-Flagged Shipping After Houthis Attack Again
Danish shipping giant Maersk on Wednesday suspended U.S.-flagged shipments through the Red Sea following recent missile attacks by Iran-backed Houthi terrorists. The U.S. Navy intercepted a Houthi missile, but two Maersk ships still reversed course due to safety concerns, and the company will no longer attempt to cross the Red Sea with its ships flying […]
Maersk says Red Sea diversion will cause major disruptions
Shipping giant Maersk warned on Friday that the diversion of cargo ships due to Houthi military activity in the Red Sea is likely to cause disruption to international shipping and supply lines. Maersk and other major shippers began diverting ships south of the Red Sea this week after Yemen's Houthi rebels began firing on civilian […]
Maersk pauses operations in Red Sea indefinitely after weekend Houthi attack
Freitos CEO Zvi Schreiber shares his thoughts on the Red Sea attack navigation and how some ships are changing course on “The Craman Countdown.” Shipping giant Maersk said on Tuesday it would suspend operations in the Red Sea “until further notice” following renewed attacks last weekend by Iranian-backed Houthi rebels in Yemen. “We have decided […]
Shipping giant Maersk pauses operations through Red Sea again after Houthi attack
Danish shipping giant Maersk is once again suspending operations in the Red Sea following an attack on one of its ships by Iranian-backed Houthi rebels on Sunday. Maersk said on Tuesday. recommendation It announced it would suspend Red Sea navigation until further notice and continue to direct ships to Africa and the Cape of Good […]