NewsEnd of Red Sea crisis will create choppy water for carriers, says Maersk

February 9, 2024by 0

A Red Sea crisis resolution could be far more dramatic for container lines than if their re-routings continue well into the year, senior Maersk executives have suggested.  
During yesterday’s earnings call, Maersk outlined how freight rates and industry capacity were expected to be affected if container ships were suddenly able to transit the Red Sea and Suez Canal this quarter, versus a full year of disruption. 
Chief financial officer Patrick Jany …

The post End of Red Sea crisis will create choppy water for carriers, says Maersk appeared first on The Loadstar.

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