Maersk anticipates Red Sea disruptions will last ‘at least a few months’

Published
0

Maersk, one of the world’s largest shipping firms, predicts disruptions in the strategic Red Sea will continue for “at least a few months”, as Yemen’s Houthi fighters keep waging attacks on passing vessels, Al Jazeera reports.

“For us this will mean longer transit times and probably disruptions of the supply chain”, said Maersk’s CEO, Vincent Clerk, at the Davos summit.

Maersk is among more than a dozen large shipping firms that have re-routed their vessels away from the Red Sea in recent months, fearing attacks.

The Houthis have said they will keep targeting Israel-linked ships passing through the waters, in what they say is solidarity with Gaza, despite the presence of a US-led naval coalition meant to counter them.

Opinion

Editorial

Expanding conflict
31 Jul, 2026

Expanding conflict

WITH neither of the belligerents willing to back down, and the theatre of conflict expanding geographically, the...
Spoils and spats
31 Jul, 2026

Spoils and spats

A FIGHT over assembly seats in Azad Jammu and Kashmir has laid bare what seem to be some deep resentments between ...
Unfair tax system
31 Jul, 2026

Unfair tax system

THE disclosure that the FBR collected nearly Rs1.9tr in sales and income taxes through electricity bills over the...
Debt that stays
30 Jul, 2026

Debt that stays

THE power sector’s circular debt grew by Rs61bn in the last fiscal year, taking the total to roughly Rs1.67tr from...
HIV warning
30 Jul, 2026

HIV warning

THE HIV infections detected around two SESSI-run hospitals in Karachi demand far more than another hurried committee...
End trafficking
30 Jul, 2026

End trafficking

MODERN slavery, in the form of human trafficking, is among the state’s gravest failures. Scores of Pakistanis are...