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Maersk to pause all container ship traffic through the Red Sea (www.cnbc.com)

submitted 9 months ago by MicroWave@lemmy.world to c/world@lemmy.world

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Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.

“Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instructed all Maersk vessels in the area bound to pass through the Bab al-Mandab Strait to pause their journey until further notice,” the company said in a statement.

Maersk on Thursday said its vessel Maersk Gibraltar was targeted by a missile while travelling from Salalah, Oman, to Jeddah, Saudi Arabia and that the crew and vessel were reported safe.

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[-] cucumber_sandwich@lemmy.world 14 points 9 months ago

Used to work as a data analyst for a global logistics company and this has me a bit worried.

You should be the one answering the question for us laymen. If you don't know nobody does

[-] vexikron@lemmy.zip 7 points 9 months ago* (last edited 9 months ago)

That was 8 years ago. Have not been in or followed the industry in depth that much.

That being said, I mean, its possible that other shipping carriers could follow suit, but at that level of stuff you are talking the gossip i heard from sitting on the same floor as the CEO and VPs, and emails being sent only to my former position, executive level report analyst, basically the reports for the VPs and CEO, and meetings with the same.

If such information were widely available it would fuck up the stock market to hard, and it would make it too hard for the few people who in reality are the only ones who know such things im advance to do insider trading and make huge world economy shaping plans with all their friends on all the other corporate boards they sit on.

I mean uh what no that never happens... yes uh for legal reasons disregard that last sentence.

SO ANYWAY, I currently do not have the info required to make more than a guess that it is a plausible scenario, the actual decision to uh kind of cripple global capitalism involves powerful people who do not cc on their email chains anymore.

Lets just put it this way:

After a bit more than a decade doing data analysis and programming and database management for a very prominent tech firm, previously mentioned global logistics firm and a non profit aimed at helping the homeless, I am now an anarcho communist who believes the MIT model that civilization will basically collapse by 2040, so I am currently attempting to fulfil one of my own personal dreams and make my own video game, before that happens.

[-] sukhmel@programming.dev 3 points 9 months ago

Well, your comment escalated fast

[-] vexikron@lemmy.zip 3 points 9 months ago* (last edited 9 months ago)

... and it looks like my concerns were justified:

https://www.barrons.com/news/more-shipping-giants-suspend-passage-via-red-sea-after-attacks-b02b3b93

https://www.aljazeera.com/news/2023/12/15/yemen-rebels-hit-cargo-ship-in-latest-red-sea-attack

https://www.bbc.com/news/world-middle-east-67738792

Ok then! Get ready for Western economies to have even more problems, shortages, things lost in shipping and taking 3 times as long to arrive, and get ready for the public to not understand why and basically blame whatever they already do not like for a shittifying economy!

Uh I guess the long predicted US stock market collapse is now more likely. Maybe end of Q2 or beginning of Q3 in 2024?

this post was submitted on 15 Dec 2023

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