Houthi attacks cut Maersk's Q2 capacity by 15%-20%
- 2024-05-06
- 15:33:17
Breaking News
A.P. Moller-Maersk revealed on Monday that it expects Yemen's Houthi disruptions to container shipping traffic in the Red Sea to have resulted in a 15% to 20% decrease in the company's capacity in the second quarter of 2024.
"The knock-on effects of the situation have included bottlenecks and vessel bunching, as well as delays and equipment and capacity shortages. We estimate an industry-wide capacity loss of 15-20% on the Far East to North Europe and Mediterranean market during Q2," the Danish cargo giant added.
Sana’a — Yemen’s fragile geopolitical landscape is facing renewed turbulence as Houthi forces intensify their military provocatio…
Sana'a — In a rare and discreet diplomatic maneuver, Jordan has successfully negotiated the release of Lana Shukri, a Jordanian national and…
U.S. President Donald Trump held dinner with the Qatari prime minister in New York on Friday, days after U.S. ally Israel attacked Hamas leaders in…
