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
Palestinian media: Three Palestinians were killed after being targeted by Israeli drone fire in the al-Shujaiya neighborhood east of Gaza City
Nicolas Maduro: The Palestinian cause is the most sacred cause for humanity, and we propose sending teams of builders, farmers, and doctors to Gaza to help the people
Al Mayadeen's correspondent in Lebanon: IOF infiltrate Khallet Wardeh towards the municipality in the town of Aita al-Shaab, south of Lebanon.
Leaders of the United States, Egypt, Qatar, and Turkey sign a ceasefire agreement in Gaza.
Trump arrives in Sharm el-Sheikh
Israeli PM's office: PM informed Trump he would not attend Sharm el-Sheikh Summit on account of Jewish holidays.
Israeli media: Netanyahu makes last-minute decision to cancel trip to Sharm el-Sheikh.
Al Mayadeen's correspondent: Large crowds gather in Khan Younis to welcome the liberated Palestinian detainees, waving flags of Hamas and Islamic Jihad in celebration
Buses of released prisoners arrive in Ramallah
Israeli media: Netanyahu gifts Trump a "Golden Dove".

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

Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
Taylor Swift: The Life of a Showgirl

The Life of a No-Girl: The one verse Taylor Swift refuses to sing

  • Arts and Culture
  • 8 Oct 2025
Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • Today
Ceasefire in Gaza takes effect amid conflicting signals and bombings

Gaza ceasefire takes effect; 'Israel' resumes bombing, timing disputed

  • Politics
  • 9 Oct 2025

Coverage

All
War on Gaza

Read Next

All
US media rejects Pentagon rules limiting access to official info
Politics

US media reject Pentagon rules limiting access to official info

Australia open to sending troops to Middle East post-ceasefire
Politics

Australia open to sending troops to Middle East post-ceasefire

Arab journalists in US say they're being silenced after Gaza coverage
Politics

MENA journalists in US report heightened scrutiny since Gaza war began

Maduro offers Gaza aid and calls for real justice after Sharm El-Sheik.
Latin America

Maduro offers Gaza aid, calls for real justice after Sharm El-Sheikh

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