Red Sea disruption cuts Q2 capacity by 15%-20%, Maersk says

The company, viewed as a barometer of world trade, last week said that shipping disruptions caused by Houthi militants' attacks on vessels in the Red Sea were expected to last at least until the end of the year. "The risk zone has expanded, and attacks are reaching further offshore," Maersk said in an advisory to customers on Monday. Read The Rest at :