Maersk Decides the Red Sea Is Too Unsafe for Its Ships for Now

(Bloomberg) — Container shipping giant A.P. Moller-Maersk A/S said it will once again stop letting its vessels sail through the Red Sea, a vital trade corridor, after another of its carriers came under attack in the space of a few weeks.

“We have decided to pause all transits through the Red Sea / Gulf of Aden until further notice,” Copenhagen-based Maersk said in a notice on its website. While it had already announced a pause, that was only for two days as it reviewed the situation.