Giant shipping company Also stopped sailing in the Red Sea, fearing that it would stimulate a new round of global inflation.
Giant shipping company Still avoiding the Red Sea route through the Suez Canal after last weekend. There was an attack on a cargo ship. Worried that it will stimulate a new round of global inflation.
On January 2, 2566, Reuters news agency reported that Maersk, a Danish global shipping company Hapag-Lloyd, a German shipping company said The company's container ships will continue to avoid Red Sea routes that provide access to the Suez Canal. After the weekend there was an attack on one of Maersk's ships.
The two shipping giants are rerouting some shipping routes through the Cape of Good Hope in southern Africa. Meanwhile, Yemen's Houthi militias attacked cargo ships in the Red Sea. Such disruptions may result in higher shipping costs. This has caused concern that it may trigger a new round of global inflation.
On Sunday, Maersk halted all Red Sea shipping for 48 hours after Houthi militants in Yemen tried to board the Maersk Hangzhou. A US military helicopter repelled the attack and killed 10 attackers.
Maersk said in a statement: “The investigation into the incident is ongoing. And we will continue to stop all movement of goods through the area. As we further evaluate this evolving situation, Where this makes the most sense for our customers, ships will be diverted and continue their journey around the Cape of Good Hope.”
Maersk has more than 30 container ships set to transit Suez through the Red Sea. Meanwhile, 17 other voyages have been suspended.
Hapag-Lloyd said the company's ships would continue to divert out of the Red Sea. Instead, it will sail past the southern tip of Africa until at least January 9. When will the company decide whether to proceed with redirecting the ship?
Incidentally, the Suez Canal is used by approximately one-third of the world's shipping traffic. Redirecting ships around the southern tip of Africa is estimated to require up to $1 million in extra fuel costs for every roundtrip between Asia and northern Europe.
Concerns about potential disruptions to production in the Middle East after the latest Red Sea attack have sent oil prices higher in the first trading period of 2567.
Expectations that longer routes will result in higher freight rates have driven shares of shipping companies higher since the crisis began, and shares in Maersk were up 6.3% in afternoon trading. Hapag-Lloyd shares increased by 5%
French shipping group, which is not on the CMA CGM list, will increase container shipping rates from Asia to the Mediterranean region by up to 100% as of January 15 compared to January 1, according to an announcement on its website today. Tuesday
The Maersk Hangzhou ship was hit by an unknown object. Attack on the weekend But you can continue your journey. LSEG shipping data showed the ship close to the Suez Canal on Tuesday. That has led major shipping groups including Maersk and Hapag-Lloyd to stop using the Red Sea route, instead making the longer trip around the Cape of Good Hope.
refer : reuters.com
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