World’s Top Shipping Companies Have No Plans To Resume Operations In Red Sea

Despite a recent ceasefire between Israel and Hamas, the world’s two leading shipping companies, Maersk and Hapag-Lloyd have no immediate plans to resume operations in the Red Sea.

Both companies are carefully monitoring the situation and have stated that they will only return when it is safe.

A spokesperson from Hapag Lloyd told Reuters that they are analysing the impact of the ceasefire on the security of the Red Sea. On the other hand, Maersk says it is too early to predict when operations might resume.

Hapag Lloyd already mentioned in June that a ceasefire alone might not guarantee safe passage through the Suez Canal. The company is concerned about possible attacks from Houthis in the region.

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