Shares in shipping giant Maersk have dropped after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Houthi attacks in the Red Sea. The group reported a more than sevenfold drop in its net profit last year to $3.8 billion, compared to $29.2 billion in 2022. Its revenue fell to $51 billion from $81.5 billion the previous year.

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