SHIPPING GIANT MAERSK PREPARES TO RESUME RED SEA OPERATIONS

Sun 24 December 2023:

Denmark’s Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, citing the deployment of a US-led military operation designed to ensure the safety of commerce in the area.

The shipping giant paused sending vessels through the Bab al-Mandeb Strait earlier in December because of attacks against its ships. That rendered the Suez Canal, which is key to global commerce, unusable for most routes.

“We have received confirmation that the previously announced multinational security initiative … has now been set up and deployed to allow maritime commerce to pass through the Red Sea/Gulf of Aden and once again return to using the Suez Canal as a gateway between Asia and Europe,” Maersk said in a statement.

Maersk said it would release more details in the coming days. But it said it could again resort to diverting ship traffic depending on how safety conditions evolved.

Several other firms have stopped transiting the Red Sea on safety concerns in recent weeks as has oil major BP.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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