there is mounting evidence that the rebels are likely behind the disruptions. A post on a Houthi-affiliated Telegram page last December displayed a map of submarine cables throughout the Red Sea.
Maersk’s container-shipping business revenue increased 39%.
As the Belt and Road Initiative seeks to redraw the global trade map through a network of overland and maritime routes, the instability in the Red Sea could accelerate efforts to position China ...
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...
A.P. Moeller-Maersk swung to a net profit in the fourth quarter that exceeded analysts' expectations, as disruptions to the Red Sea shipping supported higher shipping rates. The Danish shipping ...
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