COPENHAGEN, July 1 (Reuters) - The coming months will be
challenging for carriers and businesses, as disruptions to
container shipping via the Red Sea continue into the third
quarter, Danish shipping company Maersk said on
Monday.
Maersk and other shipping companies have diverted vessels
around Africa's Cape of Good Hope since December to avoid
attacks by Iran-aligned Houthi militants in the Red Sea, with
the longer voyage times pushing freight rates higher.
"The longer that this lasts, the more our costs will get
deeply ingrained," Maersk said in a statement, citing comments
made by CEO Vincent Clerc at "a recent online event with
customers".
"We don't know yet exactly how much of these costs we will
recover and for how long. The higher rates we are seeing right
now are of a temporary nature," Clerc said.