Shipping Giants Resume Red Sea Operations, But Houthi Risk Remains ...Egypt

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Shipping Giants Resume Red Sea Operations, But Houthi Risk Remains
Global shipping firms are gradually resuming operations in the Red Sea, following a brief suspension of transport caused by recurring attacks from Yemen’s Houthi militant group. French shipping giant CMA CGM is the latest firm to restart its Red Sea operations, it announced in a press release on 26 December. “We are currently devising plans for the gradual increase in the number of vessels transiting through the Suez Canal,” the statement said. This comes a few days after Danish shipping firm AP Moller-Maersk announced plans to resume operations, citing a US-led naval coalition deployed to ensure the safety passage of vessels across the sea. Meanwhile, German maritime company Hapag-Lloyd is

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