Maersk raises surcharges as Red Sea risk expands and costs mount
Last week, Houthi chief Abdul Malik Al-Houthi said there would be a stepping-up of operations ...
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After years of posting the best results in the container shipping industry, one night of political upheaval in the US and Maersk sees up to 6% wiped off its share price within hours. The shipping industry is heavily dependent on the US economy – the American consumer has been one of the major factors behind demand for box shipping services, particularly on the transpacific, and if Mr Trump holds true to his word on curtailing trade with Asia, almost every line will be looking down the barrel, not just Maersk.
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