Maersk says Red Sea disruptions could last into H2

Denmark's Maersk on Tuesday told its clients in a statement that they should prepare for disruptions in the Red Sea to last into the second half of the year and to build longer transit times into their supply chain planning.

"Know your best alternative to entering the North American market and be ready to have mitigations in place," Maersk's head of North America, Charles van der Steene, said in a statement. "Start quantifying and preparing to mitigate shifts in your supply chain costs," he added.