Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Maersk pauses shipping operations in Red Sea indefinitely after new attacks

by January 3, 2024
January 3, 2024
Maersk pauses shipping operations in Red Sea indefinitely after new attacks

Shipping giant Maersk said Tuesday it will pause operations in the Red Sea “until futher notice” after another attack by Iran-backed Houthi rebels in Yemen over the weekend.

“We have decided to pause all transits through the Red Sea/Gulf of Aden until further notice,” the Danish company said in a statement to customers. “In cases where it makes most sense for our customers, vessels will be rerouted and continue their journey around the Cape of Good Hope.”

Maersk said last week it was prepared to allow vessels to resume sailing through the Red Sea, thanks to the start of a U.S.-led international naval operation to protect ships from Houthi rebel attacks.

Houthi rebels based in Yemen have been attacking commercial vessels in the Red Sea for months in retaliation for Israel’s assault on the Hamas-ruled Gaza Strip. The attacks have caused major disruptions in shipping, with many companies pausing or rerouting shipments around the Cape of Good Hope, adding costs and delays.

Maersk paused all Red Sea sailings for 48 hours signaled after another attack on Saturday. On Monday, the company signaled it would once again resume shipments after the pause expired but has since reversed course.

“We remain committed to minimizing the impact on our customers’ supply chains and will continue to keep you updated on the situation,” the company said.

Read more:
Maersk pauses shipping operations in Red Sea indefinitely after new attacks

0
FacebookTwitterGoogle +Pinterest
previous post
The Decline and Fall of the Federal Home Loan Banks
next post
UK and EU climate change strategy will see new reporting procedures and rising consumer prices

You may also like

The General Election is a perfect ‘Window of...

May 17, 2024

Manufacturing slumps to lowest level in 31 months

January 4, 2023

Rishi Sunak returns to alma mater with new...

January 22, 2025

Mortgage reforms set to loosen for first-time buyers...

January 17, 2025

Summer economy worth £3.15bn as Brits continue their...

July 13, 2023

Business leaders’ priorities have to change and employees...

October 10, 2023

Imperial College to close joint research ventures with...

September 12, 2022

Trump’s car tariffs could make UK top export...

March 29, 2025

Outsource customer support impress British customers in 2023

December 27, 2022

UK minimum wage to rise to £12.21 in...

October 30, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Wagyu Farmer in Congress Wants Tariffs on Australian Wagyu

      May 15, 2025
    • Young Americans Like Socialism Too Much—That’s a Problem Libertarians Must Fix

      May 15, 2025
    • Dems divided on Trump’s executive order aimed at slashing drug prices

      May 15, 2025
    • Supreme Court Chief Justice Roberts reins in Sotomayor after repeated interruptions

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 20 years

      May 15, 2025
    • How Automated Packaging is Revolutionizing Supply Chains

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,962)
    • Politics (15,232)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved