From The Wall Street Journal:

A new storm is disrupting the global goods supply chain, but it is expected to be short-lived. Many shipping firms are still seeing a boost despite the disruptions. However, trade disruptions from the pandemic and the Ukraine war were expected to ease in 2023, until Houthi militants began attacking commercial ships passing through the Red Sea. These attacks have caused traffic to be bottled up around the Suez Canal, further impacting the global shipping industry. Maersk has even paused transit through the Red Sea until further notice after a recent attack on one of its ships.



Read more: The Houthi Boost to Shipping Shares May Fade