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Maersk halts Red Sea shipping until further notice after Houthi militant attack

  • Maersk has paused shipping through the Red Sea and Gulf of Aden after one of its vessels was attacked by militants, causing concerns for international shipping giants.
  • The attacks by Houthi militants in the Red Sea have disrupted global supply chains, pushing up freight costs and lengthening delivery times.
  • The pause in transits has led to increased shipping rates, benefiting companies like Maersk and Hapag-Lloyd.
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Forbes broke the news in United States on Tuesday, January 2, 2024.
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