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Shipping firms split on return to Red Sea as Houthi attacks continue

From cnn.com

Some major shipping companies continue to steer clear of the Red Sea, even as others return following a new US-led security operation to safeguard the area — highlighting how fragile the situation remains in one of the world’s trade arteries. Hapag-Lloyd and Evergreen Line, the container shipping arm of Evergreen Group, told CNN Wednesday that they would continue to reroute vessels via the Cape of Good Hope at Africa’s southern tip. MSC said the same Tuesday. “At the moment we still consider the situation too dangerous to pass,” a spokesperson for Germany’s Hapag-Lloyd said in a statement. “We continuously assess the ... (full story)

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