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International expectations of rising shipping costs, and the Cyprus Chamber of Companies calls for stronger measures against the Houthis

International expectations of rising shipping costs, and the Cyprus Chamber of Companies calls for stronger measures against the Houthis

Global shipping giant A.P. Møller-Mærsk has raised its full-year profit forecast for the fourth time in under six months, citing stronger demand and higher freight rates fueled by supply chain disruptions caused by Houthi rebel attacks in the Red Sea. The company now projects underlyi...

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