Since shipping companies rerouted around Africa, Suez Canal traffic has dropped 66%, causing port congestion and supply chain disruptions, Maersk reports.
A.P. Moller Maersk christened the Alette Maersk, its fourth dual-fuel methanol container ship, a 350-meter vessel with over 16,000 TEU capacity, built in South Korea.
Maersk and Mawani opened the Middle East’s largest Maersk Logistics Park at Jeddah Islamic Port, featuring eco-friendly technology and extensive capacity.