Maersk Shipping Company expects the demand for global freight shipping to continue to increase in the coming months, but it does not expect sailing in the Suez Canal to return until 2025 due to the threats posed by Houthi attacks on ships in the Red Sea.

The attacks launched by the Iran-allied Houthi movement on ships in the Red Sea disrupted the vital shipping route for trade between East and West, leading to the diversion of ships to another, longer route, rising shipping prices and causing congestion in Asian and European ports.

The company's CEO, Vincent Clerc, told reporters, "There are no signs of de-escalation, and it is not safe for our ships or personnel to go there... Our expectations at this stage are that this will continue until 2025," according to what was reported by Reuters.< /p>

Maersk explained that it witnessed an increase in demand during the third quarter thanks to exports from China and Southeast Asia, and that it does not see any signs of a slowdown in quantities from Europe or North America in the coming months.