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.
Baghdad -- Iraq's central bank on Thursday said the appearance of Lebanon's Hezbollah and Yemen's Houthis on a frozen assets list was a mistake, an…
Baghdad -- The Iraqi government has announced the freezing of all financial and real estate assets linked to Yemen’s Houthi militia and Leban…
Washington -- The Pentagon on Wednesday denied reports that US Defense Secretary Pete Hegseth leaked classified information about planned US strike…
