More big shipping companies suspend Red Sea operations as fears build over global supply chains amid increasing Houthi rebel attacks ...Middle East

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More big shipping companies suspend Red Sea operations as fears build over global supply chains amid increasing Houthi rebel attacks
Escalating Houthi rebel attacks on merchant ships in the Red Sea are increasing fears that global supply chains could be severely disrupted. The world’s largest shipping group, the Mediterranean Shipping Company (MSC), announced they were suspending operations in the Red Sea until further notice due to an increased risk of attacks. The Danish shipping giant Maersk, German company Hapag-Lloyd, and French company CMA CGM have also suspended Red Sea transits. Fears have mounted as Iran-backed Houthi rebels from Yemen have stepped up their assaults on ships, targeting foreign-owned vessels with drones and missiles. In waters off the coast of Yemen, Western warships and allies have repeatedly s

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