Shipping Firms Reactions To Houthi Attacks In The Red Sea

Iran-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza. The attacks, aimed at a route that allows East-West trade, especially of oil, to use the Suez Canal to save the time and expense of circumnavigating Africa, prompted some shipping companies to reroute vessels earlier in December. Below are companies’ reactions to the situation in the Red Sea: C.H. ROBINSON CHRW.O The global logistics group said on Dec. 22 it had rerouted more than 25 vessels around the Cape of Good Hope…