Shipping companies have resumed transit through the Red Sea after Danish group Maersk and French shipping giant CMA CGM announced their decision amidst increased security measures.
This comes as a US-led naval coalition takes charge of safeguarding the crucial maritime route against attacks by Yemeni rebels.
French shipping giant CMA has announced the resumption of transit through the Red Sea, stating that "some vessels have made the transit through the Red Sea."
The company made this decision after conducting a thorough evaluation of the security landscape and emphasizing its commitment to the security and safety of its seafarers.
CMA said it is currently formulating plans for a gradual increase in the number of vessels transiting through the Suez Canal.
Nonetheless, the company announced that it is closely monitoring the situation and remains ready to promptly reassess and adjust its plans as needed.
This development follows Danish group Maersk's recent announcement that it would resume operations in the Red Sea and the Gulf of Aden this week. Maersk attributed its decision to the deployment of a US-led military force, which aims to safeguard trade in the Red Sea.
The region has been plagued by attacks from Huthi militants, who allegedly receive support from Iran. These security concerns have prompted shipping companies to reroute their vessels, opting for the longer and more expensive journey around the southern tip of Africa.
The attacks on shipping vessels prompted the United States to launch a multinational task force dedicated to countering missile and drone attacks along the Red Sea route. This crucial trade route handles up to 12 percent of global trade, making it vital to ensure its security and uninterrupted flow.
The Huthis, responsible for the attacks, claim that their targets are Israel and vessels linked to Israel. Their objective is to exert pressure to bring an end to the offensive in the Gaza Strip, where Israel is engaged in conflict with Hamas militants.