Maersk, Hapag-Lloyd Plan to Sail South of Africa Into 2025
- Container giants to start Feb. 1 partnership avoiding Red Sea
- Houthi attacks have since late 2023 deterred ships from area
Houthi attacks in the Red Sea have since late last year forced container vessels to sail around southern Africa.
Photographer: Rolf SchultenThis article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
A.P. Moller Maersk A/S and Hapag-Lloyd AG, the two container giants starting a vessel-sharing cooperation, plan to begin their partnership sailing south of Africa, indicating they expect the Red Sea to remain unsafe well into 2025.