Maersk schedules dozens of vessels to travel via Suez Canal and Red Sea in coming weeks

News Snapshot:

Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on Wednesday, in a further sign that global shipping firms are returning to the route. The world’s top shipping companies, including container giants Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen’s Houthi militant group began targeting vessels earlier this month, disrupting global trade. Maersk’s share price fell 5 per cent by 1330 GMT on Wednesday, partly reversing last week’s gains, as a return to the shorter routes through the Suez Canal from...