Maersk, one of the world's largest shipping companies, said on Thursday it would resume its Middle East-to-U.S. East Coast service through...

Maersk and Hapag-Lloyd are resuming Red Sea shipping via the Suez Canal with naval escorts, potentially easing freight costs and global inflation pressures.

Vessels will now use the shorter route instead of going around Africa. This shift impacts shipping rates and capacity as demand rises.