OtherAugust 10 at 04:53 AM

Maersk (MAERSKB DC) and Hapag-Lloyd (HLAG GY) are announcing a structural change to one of the Gemini services, the AE19 service; it will now sail via the trans-Suez route instead of transiting via the Cape of Good Hope

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Maersk and Hapag-Lloyd's AE19 service is returning to the Suez Canal from the Cape of Good Hope to improve transit efficiency, contingent on stable Red Sea security conditions.

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Geopolitics

Maersk (MAERSKB DC) and Hapag-Lloyd (HLAG GY) are announcing a structural change to one of the Gemini services, the AE19 service; it will now sail via the trans-Suez route instead of transiting via the Cape of Good Hope

What do investors think?

Today's market highlights

US forces reportedly fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday, according to WSJ citing a US official

Qatar's Foreign Ministry Spokesperson says negotiations between Oman and Iran are in an advanced stage; heard positive feedback from both countries

Pakistani Defence Minister reportedly signals the US and Iran are close to some agreement; says the situation is moving towards peace