Home NewsNews

Maersk Faces Significant Challenges from Red Sea Attacks, Impact Escalates on Global Network

NYN | News

Maersk, one of the world’s largest shipping companies, has reported that the impact of attacks by the Sanaa government forces in the Red Sea on maritime shipping and global supply chains continues to worsen, with the timeframe for mitigating these effects remaining unclear.

In a statement published by Reuters, the company stated that “the impact on maritime shipping and supply chains is intensifying after seven months since the situation in the Red Sea began, with ships being rerouted around the Cape of Good Hope. We are seeing significant increases in transit times and operational costs.”

The company added that “these disruptions have reshaped transportation services and affected the volume of traffic, leading to pressure on infrastructure, port congestion, delays, and shortages in capacity and equipment.”

Maersk mentioned that “the timeline for alleviating these disruptions and returning to normalcy remains uncertain.”

It also noted that “CEO Vincent Clerc had previously stated that Maersk would not resume sailing through the Red Sea and the Gulf of Aden until the safety of sailors, ships, and cargo could be ensured.”

It is noteworthy that Maersk is under sanctions from the Sanaa government forces, with any of its vessels in the maritime operations area being targeted due to its violation of the ban on accessing Israeli ports.

In July, Maersk announced that these disruptions in container shipping through the Red Sea had affected trade routes between the Far East and Europe and had extended to impact its entire global network, warning of an even greater “cumulative effect.”

Related Articles

Back to top button