Shipping firms take first steps towards return of Red Sea operations
Shipping firms take first steps towards return of Red Sea operations
Transcript
00:00 France's CMA CGM is increasing the number of vessels traveling through the
00:05 Suez Canal following Maersk's decision to return to the area. This comes after
00:11 shipping companies including Maersk and HeyPag Lloyd rerouted their ships
00:16 through southern Africa due to attacks by Yemen's Houthi militant group. The
00:21 United States has announced a multinational maritime security
00:24 initiative in the Red Sea, prompting shipping firms to review the safety of
00:28 returning to the Suez Canal. CMA CGM is evaluating the security landscape and
00:35 planning for a gradual increase in vessel transits, while HeyPag Lloyd will
00:40 decide on resuming journeys through the Red Sea on Wednesday.