The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued danger.
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.
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.
Red Sea shipping remains risky despite the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according to the CEO of Abu Dhabi National Oil Company's logistics and shipping arm.
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.
If President Donald Trump’s personnel moves are any tell, he may come out of the gate toward Iran with a tone that is more diplomatic than combative.
U.S. Navy destroyers and cruisers needing to leave the ongoing battle against Iran-backed Houthi rebel missile and drone barrages in the Red Sea to reload their Mk 41 Vertical Launching System (VLS) missile cells are causing a presence gap and “a real challenge,
Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.
The U.S. Navy’s surface fleet has fired nearly 400 individual munitions while battling Iran-backed Houthi rebels in the Red Sea over the past 15 months. The remarks by McLane and other Navy brass offered fresh insight into what sailors are facing in the Red Sea,
Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.
The move will authorize harsher penalties on the Iran-backed group, which has attacked Israel and disrupted global shipping trade in the Red Sea for over a year.
(Reuters) - The leader of Yemen's Houthis, Abdul Malik al-Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.