Israel-Gaza War, Shipping
Reuters: Maersk warns Red Sea disruptions could cut Europe-Asia shipping capacity by 20%
The shipping giant further believes that the disruptions caused by the Iran-backed Houthis will not end until the end of 2024.


Danish Shipping giant Maersk said today (Monday) that increasing disruptions caused by Iran-backed Houthi attacks on shipping in the Red Sea could cut shipping capacity between Europe and Asia by as much as 20% in the second quarter, according to a report by Reuters.
"The risk zone has expanded, and attacks are reaching further offshore. This has forced our vessels to lengthen their journey further, resulting in additional time and costs to get your cargo to its destination for the time being," it told customers in an advisory.
Join our newsletter to receive updates on new articles and exclusive content.
We respect your privacy and will never share your information.
Stay Connected With Us
Follow our social channels for breaking news, exclusive content, and real-time updates.
WhatsApp Updates
Join our news group
Follow on X (Twitter)
@JFeedIsraelNews
Follow on Instagram
@jfeednews
Never miss a story - follow us on your preferred platform!