Up to date Dec. 19, 2023 5:10 pm ET
Hours after the U.S. introduced a multinational process pressure to guard business site visitors by way of the Pink Sea, transport large A.P. Moller-Maersk mentioned it might ship its vessels across the Cape of Good Hope in southern Africa as an alternative.
The message was clear: Transport companies, oil corporations and insurers stay jittery a couple of attainable snarl to one of many world’s most important commerce routes.
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