A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent ...

This article is for subscribers only. A.P. Moller-Maersk A/S will delay transits in the Red Sea for 48 hours after one of its container ships was attacked twice in the waters in under a day.

About 12% of global trade passes through the Red Sea, including 30% of global container traffic and $1 trillion worth of goods each year, according to New Zealand’s foreign ministry.