The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued danger.
An explosion forced the crew of a Hong Kong-flagged container ship to abandon the vessel Tuesday near the coast of Yemen, shipping industry officials said.
The world’s top three container shippers, MSC Mediterranean Shipping, A.P. Møller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) and CMA CGM, have said in recent days they will not send vessels back to the Red Sea despite a pledge by Houthi militants in Yemen not to attack them as long as a ceasefire in Gaza holds.
Curt Mills, the executive director of "The American Conservative" magazine, speaks with Tucker Carlson about the failures of the U.S. foreign policy establishment, especially with regard to the push among modern-day neo-conservatives to push for a war with Iran.
The Navy’s surface fleet has spent the past 15 months taking down hundreds of missiles and drones fired by Yemen’s Iran-backed Houthi rebels at U.S. and allied Navies’ ships, as well as commercial vessels in and around the Red Sea.
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 Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of Hamas in its war against Israel.
U.S. Navy destroyers and cruisers needing to leave the ongoing battle against Iran-backed Houthi rebel missile and drone barrages in the Red Sea to reload their Mk 41 Vertical Launching System (VLS) missile cells are causing a presence gap and “a real challenge,
The Houthis announced that they targeted the Harry S. Truman Carrier Strike Group on Friday, casting doubt on whether the Yemen-based terrorist group would stop its attacks on ships in the Red Sea following a ceasefire agreement between Israel and Hamas.
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.
If President Donald Trump’s personnel moves are any tell, he may come out of the gate toward Iran with a tone that is more diplomatic than combative.
The move will authorize harsher penalties on the Iran-backed group, which has attacked Israel and disrupted global shipping trade in the Red Sea for over a year.