Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping,
Maritime security officials said on Thursday they were expecting Yemen's Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas.
Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.
A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.
The 11 survivors who have spoken to the BBC have also accused the Egyptian authorities of trying to cover up what happened, saying investigators were determined to blame it on a huge wave.
Lucianna was one of the last of 35 survivors to be rescued from the wreck of the Sea Story, an Egyptian dive vessel that sank in the Red Sea on 25 November last year. Up to 11 people died or are still missing, including two Britons, Jenny Cawson and Tarig Sinada from Devon.
An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.
Average capacity offered on Asia-to-Europe routes has increased just 8.8 percent, despite 31 percent more ships on the route, according to Alphaliner.
Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached. The Houthis have carried out more than 100 attacks on ships since November 2023 and have sunk two vessels,
The runway is likely built by the United Arab Emirates, which has long been suspected of expanding its military presence in the region.
Reed Smith partner Jeb Clulow looks at the legacy of Houthi attacks on commercial vessels and how a Gaza ceasefire could impact shipping trade routes and global supply chains