Shipping giant Hapag-Lloyd says Red Sea route still 'too dangerous'
Several firms have stopped using the route following attacks.
Source: the-star.co.ke
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Shipping Giants Resume Red Sea Operations, But Houthi Risk Remains
Global shipping firms are gradually resuming operations in the Red Sea, following a brief suspension of transport caused by recurring attacks from Yemen’s Houthi militant group. French shipping giant CMA CGM is the latest firm to restart its Red Sea operations, it announced in a press release on 26 December. “We are currently devising plans
Source: egyptianstreets.com
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European shares edge higher as trading resumes after Christmas break
Wall Street’s main indexes struggle for direction in the absence of any major catalyst
Source: irishtimes.com
Explainer: Major shipping giants resume Red Sea routes amid Houthi attacks
The Iran-backed Houthi rebels in Yemen have fired on international ships and Israel’s port in the Red Sea since the Gaza war began, wreaking havoc on the global shipping industry.
Source: al-monitor.com
Maersk, CMA CGM Prep Vessels for Red Sea Return
MSC said one of its container ships was attacked in the Red Sea, with Hapag-Lloyd maintaining it would keep diverting ships around Africa.
Source: yahoo.com