The Fort Worth Press - Maersk says to avoid Red Sea for foreseeable future

USD -
AED 3.672897
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 911.999407
ARS 997.22659
AUD 1.54802
AWG 1.795
AZN 1.701725
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.857551
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.40785
CDF 2865.00005
CHF 0.887938
CLF 0.035528
CLP 975.269072
CNY 7.2325
CNH 7.23645
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.976402
DJF 178.606989
DKK 7.078013
DOP 60.43336
DZD 133.184771
EGP 49.296856
ERN 15
ETB 121.465364
EUR 0.94835
FJD 2.27595
FKP 0.789317
GBP 0.792519
GEL 2.735035
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 71.000178
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.785502
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.387031
IDR 15898.3
ILS 3.749305
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.506597
ISK 137.650409
JEP 0.789317
JMD 159.290693
JOD 0.709098
JPY 154.314969
KES 129.894268
KGS 86.499375
KHR 4051.965293
KMF 466.574996
KPW 899.999621
KRW 1395.925003
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210137
MVR 15.449644
MWK 1739.225262
MXN 20.359042
MYR 4.4705
MZN 63.901154
NAD 18.247689
NGN 1665.820256
NIO 36.906737
NOK 11.107098
NPR 134.832867
NZD 1.729727
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731498
PKR 278.485894
PLN 4.10208
PYG 7826.086957
QAR 3.656441
RON 4.72391
RSD 110.944953
RUB 99.872647
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.840165
SDG 601.506089
SEK 10.98415
SGD 1.343696
SHP 0.789317
SLE 22.581281
SLL 20969.504736
SOS 573.230288
SRD 35.315499
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.905979
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.3421
TRY 34.44532
TTD 6.810488
TWD 32.476797
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.033067
XAU 0.00039
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875023
ZAR 18.189595
ZMK 9001.211502
ZMW 27.537812
ZWL 321.999592
  • RIO

    0.5500

    60.98

    +0.9%

  • SCS

    -0.0400

    13.23

    -0.3%

  • CMSC

    0.0200

    24.57

    +0.08%

  • RBGPF

    61.8400

    61.84

    +100%

  • BCC

    -0.2600

    140.09

    -0.19%

  • BCE

    -0.0200

    26.82

    -0.07%

  • BTI

    0.9000

    36.39

    +2.47%

  • CMSD

    0.0822

    24.44

    +0.34%

  • JRI

    0.0235

    13.1

    +0.18%

  • NGG

    0.3800

    62.75

    +0.61%

  • RELX

    -1.5000

    44.45

    -3.37%

  • VOD

    0.0900

    8.77

    +1.03%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • GSK

    -0.6509

    33.35

    -1.95%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BP

    -0.0700

    28.98

    -0.24%

Maersk says to avoid Red Sea for foreseeable future
Maersk says to avoid Red Sea for foreseeable future / Photo: © AFP/File

Maersk says to avoid Red Sea for foreseeable future

Shipping giant Maersk said Friday that it would divert all vessels around Africa instead of using the Red Sea and Suez Canal for the "foreseeable future" after Yemeni rebels attacked its merchant ships.

Text size:

The Danish company cited the highly volatile situation and noted that the security risk remains high.

"We have therefore decided that all Maersk vessels due to transit the Red Sea/Gulf of Aden will be diverted south around the Cape of Good Hope for the foreseeable future," it said in a statement.

On Tuesday, the shipping giant said it would not resume passage on the route "until further notice" after putting it on hold over following an attack on the Singapore-flagged Maersk Hangzhou.

On Sunday, the Denmark-owned and operated container vessel, which was travelling from Singapore to Port Suez in Egypt, reported being struck by a missile while transiting the Bab al-Mandab Strait.

It was then attacked by four ships operated by Yemen's Iran-backed Huthi rebels, which "engaged fire in an expected attempt to board the vessel", the Danish shipping company said.

The US military said navy helicopters sank three of the ships while the fourth fled.

Since November 18, 25 commercial vessels operating in the southern Red Sea and Gulf of Aden have been attacked.

On Wednesday, 12 nations -- led by the United States -- jointly urged Yemen's Huthi rebels for an "immediate end of these illegal attacks and release of unlawfully detained vessels and crews," while warning of "consequences".

With 12 percent of world trade passing through it, according to the International Chamber of Shipping (ICS), the Red Sea is a "crucial waterway" linking the Mediterranean to the Indian Ocean, and hence Europe to Asia.

Some 20,000 ships pass through the Suez Canal every year, the gateway for ships entering and leaving the zone.

This is the second time that Maersk has suspended shipping through the strait.

In mid-December, like other global shipping giants, the Danish company halted passage of its ships through the route, following attacks by the Huthi rebels in Yemen.

It announced it would resume shipping on December 24, only to suspend traffic again on December 31, one week later.

The Huthis have repeatedly targeted vessels in the vital Red Sea shipping lane.

They say the strikes are in solidarity with Palestinians in war-ravaged Gaza, which Israel has bombarded relentlessly for three months, in what it says is a campaign to destroy militant group Hamas.

D.Ford--TFWP