Shipping company Maersk posted record annual earnings for 2022 but warned that profits are set to tumble this year as a “more balanced demand environment” emerges.
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Maersk will pause all shipping transit through the Red Sea and Gulf of Aden until further notice after one of its vessels came under attack from militants over the weekend, the company announced on Tuesday.
The decision by the Danish shipping giant extends a 48 hour pause implemented on Sunday in the immediate aftermath of the attack.
“We have made the decision to pause all transits through the Red Sea / Gulf of Aden until further notice,” the company said in a update sent to customers Tuesday.
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