Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

FILE - Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands July 15, 2018.

The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry's capacity between the Far East and Europe by some 15%-20% in the second quarter, shipping group Maersk said on Monday.