Ocean carrier Maersk is raising renewed concerns over Houthi rebel attacks on vessels in the Red Sea, warning of increased shipping delays, higher costs, and capacity shortages as the crisis persists. According to a May 6 release from the company, the situation in the Red Sea has “intensified” in recent months. Maersk also says that vessels will likely continue rerouting around Africa’s Cape of Good Hope “for the foreseeable future.” “The risk zone has expanded, and attacks are reaching…
Read More…
Maersk Warns of ‘Intensified’ Crisis for Carriers in Red Sea
