The U.S Navy is called in after more missile attacks in the Red Sea.

Live from the BBC World Service, this is the Marketplace Morning Report.

I'm Luke Wilson in Fleeanna Byrne.

Good morning.

The shipping giant, Mersk, won't send any of its container ships

through the Red Sea until further notice. That's after Huthy fighters in Yemen fired missiles at two of its ships which were both flying US flags.

The Meers Detroit and the Merse Chesapeake were carrying cargo for US government agencies

and a US Navy destroyer had to escort them to safety.

Now, Mersk is by no means alone.

The biggest shipping companies in the world have diverted their deliveries away from the

Red Sea, which has led to disruption, delays and increased costs.

For Port Operators who are waiting for these goods, they're also having to adjust.

And one of the biggest is DP world. Their group chief

operating officer team and meister has been speaking to the BBC's Will Bain.

Everybody has taken action more or less nine out of ten and ships are sailing around the Cape. So the European market is

mainly affected right now but also parts of the east coast of the US.

What does it meant for you at DP World?

All the cargo that was planned to be discharged in Europe is delayed and it's

delayed with two to three weeks and so we see a shortfall of the imports happening in our

terminals but you know what we now also see is the knock on effects for the period ahead and that a lot of the ships that were delayed or are delayed going into Europe, they are now going to be delayed going back to Asia. And so we see the first signs also that cargo that

flows back from Europe into Asia is getting delayed and some of the empty containers

that typically flow back to, for instance, China, they're also going to be delayed.

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