11,048.11 TRY BIST 100 BIST 100
48.86 EUR EUR EUR
41.32 USD USD USD
5.84 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.84 TRY Interest Interest
67.26 USD Fossil Oil Fossil Oil
56.16 USD Silver Silver
4.60 USD Copper Copper
105.55 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,851.29 TRY Gold (gr) Gold (gr)

Maersk halted shipments in the Red Sea after the Houthi attack: Concern grows in global trade

Maersk halted its shipping operations in the Red Sea after the Houthi attack.

Maersk halted shipments in the Red Sea after the Houthi attack: Concern grows in global trade

Denmark-based shipping giant Maersk announced that it has suspended its shipping operations in the Red Sea until further notice following the attack by Houthi militants on its ship "Maersk Hangzhou" last weekend. According to Maersk's official statement, the company decided to suspend transits through the Red Sea and Gulf of Aden due to security concerns following the attack on 30 December. The company stated that it will continue to suspend cargo operations by closely following the developments in the region as well as the ongoing investigation into the incident.

The statement emphasised that alternative routes will be considered for the safety of Maersk customers and vessels will continue their voyages, travelling around the Cape of Good Hope if necessary. The company stated that the main purpose of this decision is to maximise the safety of seafarers and the cargo carried.

The commercial freighter "Maersk Hangzhou" had requested assistance following a missile attack by Houthi militants on 30 December while passing through the southern Red Sea. In response to this attack, the "USS Laboon" and "USS Gravely" military ships sent by the US Central Command (CENTCOM) neutralised two anti-ship ballistic missiles fired from Houthi-controlled areas in Yemen.

Attacks by Houthi militants on commercial ships in the Red Sea have increased recently, and many shipping companies have taken similar security measures. The Pentagon announced that it was negotiating the establishment of an international "Maritime Task Force" against the attacks of Houthi forces on maritime transport and launched a multinational mission called "Operation Welfare Guardian" on 18 December. These developments raised concerns that security concerns in the Red Sea could negatively affect the global supply chain.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Saudi Arabia issued USD 1 billion steel order for Mukaab project

Friday, September 19, 2025

Germany’s crude steel production continued to decline in August

Friday, September 19, 2025

The Inward Processing Regime Circular has been published! New regulation in the steel sector

Thursday, September 18, 2025

Could the decline in scrap prices in Türkiye also affect scrap prices in Russia?

Friday, September 19, 2025

Jindal Steel Duqm to build second hydrogen-ready DRI plant in Oman

Friday, September 19, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now