courtesy: CNBC
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Some of the major shipping companies are still steering clear of the Red Sea, despite of others return to their old route after the United States guaranteed the safety of their vessels from the attacks by Houthi rebels, highlighting how fragile the situation remains in one of the world’s trade arteries.
Hapag-Lloyd and evergreen Line, the container shipping arm of Evergreen Group, told CNN Wednesday that they would continue to reroute vessels via the Cape of Good Hope at Africa’s southern tip. MSC said the same on Tuesday.
“At the moment we still consider the situation too dangerous to pass,” a spokesperson for Germany’s Hapag-Llyod said in a statement. It added that they will be continuously assessing the situation and will plan a next review on Friday.
In a update, which the company shared on its website on Friday, it shared its plan of diverting its vessels in order to avoid the Red Sea route.
Evergreen Line referred CNN to their statement on December 18, wherein they have advised their container ships to be diverted away from the Red Sea “until further notice.”
Danish shipper Maersk on Sunday said that it will enroute its ships through Red Sea and the Gulf of Aden to its southeast following the establishment of a U.S.-led coalition to protect the commercial shipping in the area.