Maersk Verifies Cargo Ship Was Safely Guided by U.S. Navy Across the Gulf
Danish Shipping Firm Maersk Reports Successful Passage Through Strait of Hormuz Danish shipping giant Maersk has announced that one of its vessels successfully navigated the Strait of Hormuz with support from the U.S. military. Maersk Line Limited (MLL) shared that the U.S.-flagged ship, named alliance fairfax, which belongs to its Virginia-based subsidiary, Farrell Lines, left […]
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 […]