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

A Guide to Credit Card Processing – How...

December 16, 2022

Female leaders being overlooked for top fintech jobs,...

April 17, 2023

Greggs wins £150m landmark High Court Covid insurance...

October 18, 2022

News Corporation Secures ‘Historic’ Partnership with OpenAI

May 24, 2024

How Evelyn Parrado Is Re-Defining the Fashion Industry

October 24, 2022

Squeeze on household incomes to intensify as tough...

December 29, 2022

HMRC accused of misusing powers to “correct” R&D...

March 19, 2025

EU votes to force all phones to use...

October 5, 2022

The assault on the media by throwing multiple...

October 28, 2022

Tories Hint at National Insurance Abolition in Next...

April 1, 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

    • FAST distribution and IA

      June 7, 2025
    • Why Independent Digital Platforms Are Gaining Ground Among UK Entrepreneurs

      June 7, 2025
    • Is Decentralisation the Future of Online Services in the UK?

      June 7, 2025
    • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs

      June 7, 2025
    • Trump announces China will restart rare earth mineral shipments to US after productive call

      June 7, 2025
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,558)
    • Stocks (3,134)
    • 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