"Shipping Industry Divided on Red Sea Navigation Amid Escalating Houthi Threats"

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Source: Fox Business
"Shipping Industry Divided on Red Sea Navigation Amid Escalating Houthi Threats"
Photo: Fox Business
TL;DR Summary

Maersk has suspended its shipping routes through the Red Sea and Gulf of Aden after its vessel, Maersk Hangzhou, was attacked by Houthi rebels, despite the recent implementation of "Operation Prosperity Guardian" aimed at protecting commercial ships in the area. The attack involved a missile strike and an attempted boarding by four boats, which was thwarted with the help of a security team and naval support. The company prioritizes crew safety and is in discussions with authorities to reassess security before resuming transits, with an update expected by January 2.

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