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MARITIME SECURITY

Maersk says Red Sea disruptions could last into second half of 2024

The Greek frigate 'Hydra' sails to take part in the EU naval mission in the Red Sea, at Salamina naval base, Greece, Feb. 26, 2024. (Credit: Greek Defence Ministry/Handout via Reuters)

COPENHAGEN — Denmark's Maersk on Tuesday told its clients in a statement that they should prepare for disruptions in the Red Sea to last into the second half of the year and to build longer transit times into their supply chain planning.

"Know your best alternative to entering the North American market and be ready to have mitigations in place," Maersk's head of North America, Charles van der Steene, said in a statement.

"Start quantifying and preparing to mitigate shifts in your supply chain costs," he added. 

COPENHAGEN — Denmark's Maersk
on Tuesday told its clients in a statement that
they should prepare for disruptions in the Red Sea to last into
the second half of the year and to build longer transit times
into their supply chain planning.
"Know your best alternative to entering the North American
market and be ready to have mitigations in place," Maersk's...