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Posted On: 01/08/2024 5:41:45 AM
Post# of 27263
Extended shipping detour
Maersk will pause all shipping through the Red Sea and Gulf of Aden until further notice, the company announced, after one of its vessels was attacked by Houthi militants based in Yemen over the weekend. The Danish shipping giant’s decision highlights how the U.S.-led initiative to safeguard passage in that area, called Operation Prosperity Guardian, is facing challenges. Oil prices fell Tuesday.
Maersk will pause all shipping through the Red Sea and Gulf of Aden until further notice, the company announced, after one of its vessels was attacked by Houthi militants based in Yemen over the weekend. The Danish shipping giant’s decision highlights how the U.S.-led initiative to safeguard passage in that area, called Operation Prosperity Guardian, is facing challenges. Oil prices fell Tuesday.
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