Following the recent ceasefire between Hamas and Israel, leading shipping corporations, Maersk and Hapag-Lloyd, have expressed their hesitation to immediately resume operations in the Red Sea. The firms are adopting a vigilant approach, closely observing the evolving situation in the Middle East before deciding on their return to these critical maritime passages. "The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," stated a spokesperson from Hapag-Lloyd.
Despite the ceasefire, the potential threat from Yemen-based Houthi militants remains a concern, particularly highlighted by Hapag-Lloyd's previous statements in June regarding the uncertainty of resuming passage through the Suez Canal. Both companies underscore the necessity of ensuring the safety of their operations and crew, with Maersk indicating that it is "still too early to speculate about timing" for their return. The disruption in the region has led to the rerouting of shipping vessels, significantly affecting global shipping logistics and freight rates.
Source: Reuters