Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Intense US efforts are being made to resolve differences, such as the issue of the Israeli presence on Mount Hermon and in southern Syria
Israeli media: The security agreement means amending the disengagement agreement, which will also address the Druze issue
Israeli media: Attempts to reach a security agreement between 'Israel' and Syria were among the topics discussed at the Paris meeting
Israeli media: Sheikh Muwaffaq Tarif rejected a US proposal to join the recent tripartite meeting between Tom Barrack, al-Shaibani, and Dermer
Saba News Agency: Two martyred, five injured in a preliminary toll of the Israeli aggression on the Yemeni Oil Company station on Al-Sitteen Street in Sanaa
Senior Yemeni military source to Al Mayadeen: We observed a state of confusion among the enemy's aircraft squadron after Yemeni air defenses intercepted the attack
Senior Yemeni military source to Al Mayadeen: The Yemeni air defense forces succeeded in neutralizing a squadron of enemy aircraft and prevented airstrikes on some governorates
Senior Yemeni military source to Al Mayadeen: Our air defenses and missile forces forced a formation of enemy aircraft to flee the airspace
Member of the Ansar Allah Political Bureau, Mohammed al-Bukhaiti: The Israeli aggression on Yemen will not deter us from continuing to support Gaza, no matter the sacrifices
Al Mayadeen's correspondent: The Israeli aggression targeted the Yemeni Oil Company station on Al-Sitteen Street, southwest of the capital, Sanaa, with several raids

Maersk warns of prolonged Red Sea crisis

  • By Al Mayadeen English
  • Source: Agencies
  • 18 Feb 2024 22:43
4 Min Read

Maersk ceased operations in the region last month amid the Red Sea crisis.

  • x
  • Maersk warns of prolonged Red Sea crisis
    The Vilnia Maersk container vessel unloads at the Jade Weserport container terminal in Wilhelmshaven, Germany on November 15, 2022. (AP)

Danish shipping company AP Moller-Maersk has advised clients to prepare for a lengthy Red Sea crisis that might last far into the second half of this year, CNBC reported.

The news outlet detailed that the world's second-largest ocean carrier has added around 6% more vessel capacity to its schedule, increasing operational expenses.

Following the Yemeni Armed Forces' targeting of Israeli and "Israel"-bound ships in the Red Sea and the Suez Canal, major shipping corporations have begun sending hundreds of their boats on lengthier and more expensive routes around southern Africa's Cape of Good Hope.

Maersk ceased operations in the region last month after the Yemeni Armed Forces (YAF) targeted two of its ships for being en route to the Israeli occupation entity and after its crew refused to respond to warning calls from the Yemeni Naval Forces.

The regional president for Maersk North America, Charles van der Steene, told CNBC that the company does not see any change "anytime soon" in the situation.

“We’re advising them the longer transit routes could last through Q2 and potentially Q3. Customers will need to make sure they have the longer overall transit time built into their supply chain.” 

The Suez Canal, the quickest route from Asia to Europe, accounts for around 15% of global commercial shipping. Major freight businesses are now experiencing rising expenses and soaring insurance rates as a result of having to redirect ships.

According to van der Steen, in addition to delivery, shippers must now compare the cost of their supply chain to its real expenses.

Related News

Maersk divests from firms abetting Israeli settlements in West Bank

Maersk temporarily suspends bookings to Djibouti

“If that fundamentally shifts and changes, it could have a pretty significant effect on their overall costs.” 

According to the Kiel Institute's most recent assessment, operations on the vessels included in YAF's list of targets in the Red Sea reduced global commerce by 1.3% between November and December 2023.

Aggressions on Yemen were launched in an alleged attempt to deter the Yemeni Armed Forces from carrying out their operations against Israeli and "Israel"-bound ships in response to the occupation entity's genocide in Gaza.

Yemeni Armed Forces (YAF) Spokesperson, Brigadier General Yahya Saree, has reiterated that operations would continue in solidarity with the people of Palestine and in response to the US-British aggression against Yemen. 

Saree reiterated that Yemen's military forces will not hesitate to carry out more operations in response to the "Zionist crimes against people in the Gaza Strip."

European military operation in Red Sea will last one year: EU official

A senior EU official announced on Friday that the EU mission aimed at controlling shipping in the Red Sea, scheduled to start on February 19, is planned to last for a year, with the possibility of adjustments to the timeline if necessary. 

"It is designed to last for a year. However, if necessary, we can certainly reevaluate," the source told reporters in Brussels.

On February 12, the EU formally announced the launch of Operation ASPIDES, aimed at controlling shipping in the Red Sea due to continuous operations on Israeli-linked vessels by the Yemeni resistance. EU foreign policy chief Josep Borrell confirmed that the mission would commence on February 19.

Borrell said on January 31 that the European Union aimed to establish and launch the maritime mission in the Red Sea no later than February 19, claiming that it would be "defensive" and no operations would be carried out on land. The EU mission, dubbed ASPIDES, allegedly aims to focus solely on protecting merchant ships by intercepting Yemeni rockets. 

  • Maersk
  • Red Sea
  • Yemeni Armed Forces
  • Ansar Allah
  • Palestine
  • war on Gaza
  • Israel
  • Israeli ships
War on Gaza

War on Gaza

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Palestine will not be liberated by UN reports, but by pursuing a different strategic horizon: one that does not beg for recognition. (Al Mayadeen English; Illustrated by Batoul Chamas)

Economy of Genocide: Albanese's report accuses, but doesn't dismantle system

  • Opinion
  • 18 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS