A.P. Moller-Maersk predicts Suez Canal shipping will be disrupted until at least 2025 due to Houthi attacks.

A.P. Moller-Maersk forecasts that shipping through the Suez Canal will not resume until at least 2025 due to ongoing attacks by Iran-aligned Houthi militants in the Red Sea. These disruptions have led to rerouting shipments and increased freight rates, affecting trade between Asia and Europe. Despite these challenges, Maersk reports strong global demand, particularly from China and Southeast Asia, and anticipates no slowdown in volumes from Europe or North America.

October 31, 2024
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