Red Sea Disruptions set to Continue Throughout 2024

Shipping giant Maersk is warning that container shipping through the Red Sea could continue to cause disruptions into the second half of the year, with the company expecting shipping delays as vessels take the long way around the Cape of Good Hope instead of through the dangerous waters of the Red Sea. “Be prepared for the Red Sea situation to last into the second half of the year and build longer transit times into your supply chain planning, Maersk’s head of North America, Charles van der Steene, said in a Tuesday statement carried…