Disruptions to Shipping by Islamic Republic-Backed Groups Have Expanded, Maersk Says

STOCKHOLM, July 17 (Reuters) – Denmark’s A.P. Moller-Maersk MAERSKb.CO said on Wednesday that the disruptions to its container shipping via the Red Sea had extended beyond trade routes in far Eastern Europe to its entire ocean network. “The cascading impact of these disruptions extends beyond the primary affected routes, causing congestion at alternative routes and transshipment hubs essential for trade with … Continue reading Disruptions to Shipping by Islamic Republic-Backed Groups Have Expanded, Maersk Says