Maersk, a major carrier, is resuming transit in the Red Sea despite the ongoing risks. Other liners, including CMA CGM and COSCO, have also partially resumed transiting through the Red Sea. Hapag-Lloyd is considering whether to resume journeys through the Red Sea. The decision comes after the launch of Operation Prosperity Guardian (OPG) providing safety against attacks. Crude oil prices have surged by 2.7% amid these developments.
Bitcoin maximalists seem to assume maximalism. Because bitcoin. Few (or none) seem to have figured out HOW bitcoin becomes maximal (“ubiquitous” is different; cockroaches are ubiquitous too). I mean… they simply haven’t thought it through at all. https://t.co/jmA2hHIgMv
Bank robber captured after using bait bill to buy guns https://t.co/9xJ78lv16c
JUST IN: Crude oil prices up 2.7%
Shipping giant CMA CGM plans increase in vessels transiting through Suez Canal https://t.co/45LiN3Mz7J https://t.co/liamFxSv52
FRENCH SHIPPING GROUP: WE ARE CURRENTLY DEVISING PLANS FOR THE GRADUAL INCREASE IN THE NUMBER OF VESSELS TRANSITING THROUGH THE SUEZ CANAL
Maersk, CMA CGM and COSCO have resumed, in part, transiting through the Red Sea both eastbound and westbound, thanks to the launch of Operation Prosperity Guardian (OPG).
#Germany’s Hapag-Lloyd will decide whether to resume journeys through the #RedSea, a spokesperson says as Maersk prepared to return to the area after a US-led operation began providing safety against attacks. https://t.co/4KHO6b6Vmm
Looking at Marine Traffic, so far Maersk is the only one going back to the Red Sea. The other liners are staying clear for the time being. https://t.co/Kl0fD1R4jV
Maersk seems to be the only major carrier moving significant numbers of containerships >8k+ TEU to the #RedSea. Maersk has 3 in the Indian Ocean & 10 in the Med heading to the Suez. CMA CGM just had two ships run the Bab el-Mandeb under escort - CMA CGM Congo and Theseus. https://t.co/AtEjoW6mEz
Maersk stressed on Sunday that, while it is resuming transit in the Red Sea, “the overall risk is not eliminated in the area.” The company said it would “not hesitate” to re-evaluate the safety situation for its vessels and employees. https://t.co/fTftn3xbe5