The ongoing disruption in the Red Sea, caused by attacks on cargo vessels by Yemen-based Houthi rebels, is causing significant concern. The CEO of Hapag-Lloyd stated that the crisis is unlikely to end soon, leading shipping companies to avoid the Suez Canal. Italy's defense minister also expressed worry, stating that the disruption threatens the country's economic stability and could marginalize ports in southern Europe. French container shipping giant CMA CGM has halted its transit through the Red Sea due to security risks, joining other major shipping firms in suspending operations in the region.
"The move means CMA CGM joins other major shipping firms in suspending transit through the southern Red Sea" https://t.co/et5sXbzwEA
π¨π«π· BREAKING: FRENCH SHIPPING GIANT CMA SUSPENDS OPERATIONS IN RED SEA France's largest shipping company, CMA International Shipping, has suspended the passage of its ships through the Red Sea due to the escalation of attacks on ships in the region. Source: Sky News Arabia https://t.co/ivVACUbZai https://t.co/hABVxQ2P4a
β οΈ CMA CGM HALTS RED SEA TRANSIT ON SECURITY RISKS -SOURCE (Reuters) Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the Bab al-Mandab Strait in and out of the Red Sea due to security risks, a source familiar with the matter said.β¦ https://t.co/11Wpe7egFM
*FRENCH CONTAINER SHIPPING GIANT CMA CGM HALTS RED SEA TRANSITS must be the "imminent ceasefire"
FRENCH CONTAINER SHIPPING GIANT CMA CGM HALTS RED SEA TRANSITS - Bloomberg
Italy's defense minister: Houthi attacks and Red Sea disruption threaten Italy's economic stability - https://t.co/beB6Pngzd1
Red Sea disruption threatens Italy's economic stability - minister https://t.co/ni7U8lpvL6 https://t.co/bsz7asnUbH
Ongoing disruption in the Red Sea threatens to destabilize Italy's economy and marginalize ports in southern Europe, Italy's defense minister said on Thursday. https://t.co/qNRX2I0rjs
β οΈ RED SEA DISRUPTION THREATENS ITALY'S ECONOMIC STABILITY - MINISTER (Reuters) Ongoing disruption in the Red Sea threatens to destabilise Italy's economy and marginalise ports in southern Europe, Italy's defence minister said on Thursday. Attacks since mid-November onβ¦ https://t.co/UmKBlwJtbC
RED SEA CRISIS UNLIKELY TO END SOON, HAPAG-LLOYD CEO SAYS (Reuters) Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through the Suez Canal, the head of Germany's Hapag-Lloyd told⦠https://t.co/PDc42LFbyR