"Security Concerns Prompt CMA CGM to Halt Red Sea Transits"
TL;DR Summary
CMA CGM has suspended all vessel crossings through the Bab al-Mandab Strait in and out of the Red Sea due to security risks posed by Houthi militants in Yemen, following recent attacks on its ships. This decision disrupts the main trade route between Asia and Europe, prompting the redirection of some services around southern Africa.
- CMA CGM Suspends Red Sea Transits, Sources Say gCaptain
- CMA CGM halts Red Sea transit on security risks -source Reuters.com
- On the High Seas, a Pillar of Global Trade Is Under Attack The Wall Street Journal
- How escalating Red Sea crisis poses billions of dollars of risk for India Al Jazeera English
- 'No shipping, no shopping': Trade experts warn Congress what more Houthi Red Sea chaos will mean for economy CNBC
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