A reported ceasefire in the war between Israel and Hamas has raised speculation about when global container shipping lines could resume regular operations through the Red Sea.
The route is a critical link to the Suez Canal for ships sailing between Asia and the Mediterranean, Europe and North America.
In a wave of attacks that reshaped the global supply chain, Yemen-based Houthi rebels since late 2023 have terrorized merchant vessels they claim are linked to Israel, with drones, missiles and...
https://www.freightwaves.com/news/analysis-when-will-ocean-carriers-return-to-the-red-sea