CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.
On 19 January, Yemen’s Houthi rebels announced a halt to their 14-month campaign against Western-affiliated shipping off their country’s coast — except for vessels wholly-owned by Israeli interests or flying the Israeli flag.
The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued danger.
Yemen’s Houthi rebels said they will cease attacks on Israel and on merchant shipping in the Red Sea as a ceasefire between Israel and Hamas took effect
Yemen's Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
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.
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.
Follow NBC News live updates for the latest coverage of the ceasefire and hostage release deal between Israel and Hamas.
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.
Two Israelis and five Thai nationals were released as part of a ceasefire between Hamas and Israel that began Jan. 19.