FACTBOX-Shipping firms react to Houthi attacks in the Red Sea ...Kuwait

News by : (The New Arab) -
(Adds O.S.K. Lines, Nippon Yusen, updates Hapag-Lloyd) Dec 29 (Reuters) - Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza. The attacks, aimed at a route that allows East-West trade, especially of oil, to use the Suez Canal to save the time and expense of circumnavigating Africa, prompted some shipping companies to reroute vessels earlier in December. Others, now encouraged by the deployment of a U.S.-led military operation, are resuming crossings of the area. Below are companie

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