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.
Picture Alliance | Picture Alliance | Getty Images
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.
This is breaking news. Please check back for updates.