News / Red Sea attacks continue, despite naval protection, and shipping costs soar

Photo: Maersk

Supply chains are in chaos, as it appears even the power of the US Navy is proving insufficient to deter attacks on commercial shipping in the Red Sea, with costs set to soar ever higher.

Having just days earlier said it would resume services through the waterway, Maersk announced it would re-suspend services after Yemen-based, Iranian-backed Houthi militants attacked its 15,000 teu box ship Hangzhou on Saturday.

In an update to customers, the Danish carrier said: ...