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When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was carrying cargo for retailers and clothing brands including Walmart, H&M, Adidas and ASOS, import and shipping data shows. On Dec. 17, it turned south to circumnavigate Africa's Cape of Good Hope, after Maersk paused sending vessels to the Suez through the Red Sea, where Houthi attacks on shipping have triggered delays, costs and uncertainty across global consumer and retail markets.

LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the...

Shippers around the world are pushing back on increases from ocean carriers diverting from the Suez Canal, but for U.S.-bound cargo, costs are still rising.

With rates plateauing and services being restructured peak disruption from the rerouting of shipping could be nearing an end. Shippers should keep their powder dry until picture becomes clearer

Shippers around the world are pushing back on increases from ocean carriers diverting from the Suez Canal, but for U.S.-bound cargo, costs are still rising.