# Maersk says impact from Red Sea attacks continues to intensify | Reuters

> Houthi attacks in the Red Sea have forced prolonged rerouting of shipments, pushing freight rates higher. The disruption is also causing congestion in Asian and European ports.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/17000-maersk-says-impact-from-red-sea-attacks-continues-to-intensify-reuters
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Longer voyages absorb more vessel capacity and raise ocean freight costs for grain and oilseed cargoes moving between Asia, Europe and other origins.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/middle-east/maersk-says-impact-red-sea-situation-continues-intensify-2024-09-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.