Maersk Hopes Int’l Interventions, Naval Presence Will Allow Red Sea Transit to Return

FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea//File Photo
FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea//File Photo
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Maersk Hopes Int’l Interventions, Naval Presence Will Allow Red Sea Transit to Return

FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea//File Photo
FILE PHOTO: Maersk's logo is seen in stored containers at Zona Franca in Barcelona, Spain, November 3, 2022. REUTERS/Albert Gea//File Photo

Maersk hopes international interventions and a larger naval presence in the Red Sea will eventually lead to maritime commerce to resume through the strait, it said on Friday, following US-British strikes overnight against Houthi military targets in Yemen.

"We hope that these interventions and a larger naval presence will eventually lead to a lowered threat environment allowing maritime commerce to transit through the Red Sea and once again return to using the Suez Canal as a gateway," Maersk said in an emailed statement.

Shipping companies have redirected vessels away from the Red Sea around Africa's Cape of Good Hope after Iranian-backed Houthi militants in Yemen stepped up attacks on vessels to show their support for Hamas fighting Israel in Gaza.



Morocco’s Annual Inflation Slows to 1.6% in March

A cargo ship crosses the Gibraltar Strait near Tangier Med Port, Morocco, Sunday, April 20, 2025. (AP)
A cargo ship crosses the Gibraltar Strait near Tangier Med Port, Morocco, Sunday, April 20, 2025. (AP)
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Morocco’s Annual Inflation Slows to 1.6% in March

A cargo ship crosses the Gibraltar Strait near Tangier Med Port, Morocco, Sunday, April 20, 2025. (AP)
A cargo ship crosses the Gibraltar Strait near Tangier Med Port, Morocco, Sunday, April 20, 2025. (AP)

Morocco's annual inflation, measured by the consumer price index, eased to 1.6% in March, from 2.6% a month earlier, Morocco's statistics agency said on Tuesday.

Food inflation dropped to 2.2% in March, from 4.6% in February, while non-food inflation was stable at 1.1%.

Core inflation, which excludes more volatile goods, was up 0.5% month-on-month and 1.5% year-on-year.