Shares of industrial and transportation companies fell as traders hedged their bets on the outlook for supply chains. Shares of freight shipping lines such.
By Ian Walker A.P. Moeller-Maersk said it has re-routed ships from the Red Sea around Africa via the Cape of Good Hope, following attacks on vessels in the.
Shares of energy companies rose sharply as fears about the safety of Red Sea shipping routes persisted. Hours after the U.S. announced a multinational task.
Danish shipping company A.P. Moller-Maersk will pause all its container shipments through the Red Sea until further notice and send them on a detour around.