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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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[-] 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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