Shippers Wary of Red Sea Routes Despite Houthi Pledge to End Targeting
The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued danger.
World's top container shippers not returning to Red Sea for now
The world’s top three container shippers, MSC Mediterranean Shipping, A.P. Møller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) and CMA CGM, have said in recent days they will not send vessels back to the Red Sea despite a pledge by Houthi militants in Yemen not to attack them as long as a ceasefire in Gaza holds.
How will Trump's terrorist designation of Houthis impact Red Sea attacks?
Mandeb strait decreased by 50% after the Yemeni rebels launched maritime attacks, according to the US Energy Information Administration.
French shipping giant CMA CGM to keep avoiding Red Sea
French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement between Israel and Hamas, it said on Saturday.
Red Sea now a ‘case-by-case basis’ for CMA CGM
CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.
More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
Yemen’s Houthis free crew of Red Sea cargo ship after 14 months in captivity
Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of Hamas in its war against Israel.
Yemen's Houthi rebels release crew of commercial vessel seized in Red Sea in November 2023
Yemen's Houthi rebels said Wednesday they released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
Houthi rebels release crew of vessel seized in Red Sea in 2023
Yemen's Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
European naval forces destroyed nearly two dozen missiles and drones in their Red Sea battle
European forces joined the US Navy last year in an effort to defend key shipping lanes from Houthi rebel attacks.
DP World says sea freight prices could fall 20% if Red Sea attacks curbed
Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive ...
Yemen’s Houthis signal they’ll now limit their attacks in the Red Sea corridor to Israeli ships
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as ...
Navy Warships Have To Leave Red Sea Fight For Weeks To Reload Their Missiles
U.S. Navy destroyers and cruisers needing to leave the ongoing battle against Iran-backed Houthi rebel missile and drone ...
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