Supply chains have had to deal with higher shipping costs, product delivery delays, and increased carbon emissions as a result of this diversion. The Gaza ceasefire gave some hope that the disruption would finally end. But shipping lines will not hurry back to the region until long-term security is guaranteed.
Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the Red Sea, major shipping companies remain hesitant to resume using the Suez Canal due to ongoing security concerns.
U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and British vessels. The pledge, which comes after more than a year of shipping traffic disruption on a major international trade route,
A fire aboard the Hong Kong-flagged ASL Bauhinia on Tuesday was not linked to Houthi attacks, the Red Sea and Gulf of Aden Joint Maritime Information Center said on Wednesday. A maritime security source told Reuters that the fire resulted from hazardous cargo on board.
Houthi rebels have backed the Gaza ceasefire agreement reached between Israel and Hamas, with the Yemeni group’s spokesperson saying they will halt their military operations against Israel as well as commercial ships in the Red Sea if the truce comes into force on Sunday.
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as a ceasefire in the Gaza Strip takes hold.
Yemen's Houthis have indicated they will restrict their Red Sea attacks to vessels linked with Israel amid a ceasefire in Gaza.
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.
The Houthis announced that they targeted the Harry S. Truman Carrier Strike Group on Friday, casting doubt on whether the Yemen-based terrorist group would stop its attacks on ships in the Red Sea following a ceasefire agreement between Israel and Hamas.
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.
Mr. Zubeidi, who was also once a theater director, stunned Israelis and Palestinians alike when he and others broke out of jail in 2021.