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Shipping giants Hapag-Lloyd and Maersk pause Red Sea travel amid attacks

  • Container shipping companies Hapag-Lloyd and Maersk are temporarily halting transits through the Red Sea after their vessels were attacked by Houthi militants, increasing risks for the industry.
  • The attacks, particularly on ships connected to Israel, have prompted concerns over the safety of trade routes and have led to discussions on rerouting vessels around Africa.
  • The International Chamber of Shipping is calling for enhanced security measures and naval support to prevent further attacks and protect global trade.
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Forbes broke the news in United States on Friday, December 15, 2023.
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