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Maersk will temporarily halt its FM1 Service, which connects the Far East to the Middle East, and its ME11 Service, which links the Middle East to Europe, according to a notice to customers on March 6.

The voyage marks another step toward normalization of global supply lines, after Yemen-based Houthis in 2023 began attacking vessels, forcing shipowners to sail south of Africa.

Maersk has a strategy to grow in land-based logistics, which has historically had higher and more stable profit margins than container shipping.

Challenging market conditions related to trade tariffs and other macroeconomic factors have become “more visible in global trade flows” in the past quarter, DSV said. 

A.P. Moller-Maersk, the Danish container giant, lowered its forecast for the global transport market rattled by President Donald Trump’s trade war.

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

A.P. Moller Maersk and Hapag-Lloyd plan to begin their partnership sailing south of Africa, indicating they expect the Red Sea to remain unsafe well into 2025.

DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.

Deutsche Bahn said bids submitted by private equity fund CVC Capital Partners remain “inferior” to the winner’s offer, the latest twist in the $16 billion battle for its logistics unit.

AP Moller-Maersk added a local port disruption surcharge for all cargo moving to and from the East Coast and Gulf Coast terminals, to cover higher costs from “potential labor disruptions.”