When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.

Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.

Despite those disruptions, Maersk still lowered its expected operating loss for the year from $5 billion to between zero and $2 billion.

Demurrage charges for rerouted containers waiting at East Coast ports could add up to as much as $3.9 million each week. 

Spirit, which was spun out of Boeing in 2005, is in an increasingly stretched financial position as the U.S. planemaker slows output of its 737 aircraft. 

There are currently four temporary channels in use, mostly limited to smaller essential vessels needed to clear the wreckage.

While significant, the extra emissions are a fraction of what the shipping industry spews into the atmosphere each year.

The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.

The planemaker saw revenue fall 8% year-over-year in Q1, in what CEO David Calhoun called a "tough moment" in a letter to employees.

Disaster was averted, delivering a powerful message about how resiliency can stave off critical supply chain disruptions.