The ceasefire in Gaza between Israel and Hamas stretched into a fifth day on Thursday. Humanitarian aid groups are working to surge food and supplies to the war-ravaged territory as Palestinians scour through mountains of rubble.
Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".
Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.
Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk said it was too early to speculate.
Houthi rebels have backed the Gaza ceasefire agreement reached between Israel and Hamas, with the Yemeni group’s spokesperson saying they will halt their military operations against Israel as well as commercial ships in the Red Sea if the truce comes into force on Sunday.
An American destroyer, USS Spruance, shot down six missiles and seven drones during a recent Red Sea combat deployment.
The Yemeni rebel group says it will stop targeting vessels that transit the Red Sea.
The airstrip is positioned on Abd al-Kuri Island which sits on a key waterway in the Gulf of Aden. Images depicting a nearly completed airstrip on a remote island in Yemen have analysts worried. While the runway is likely built by the United Arab Emirates,
Yemen’s Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
Yemen's Houthi rebels accused Washington on Thursday of designating them a terrorist group for supporting the Palestinian people, their stated motive for months of attacks on Israel and in the Red Sea.
Yemen's Huthi rebels accused Washington on Thursday of designating them a terrorist group for supporting the Palestinian people, their stated motive for months of attacks on Israel and in the Red Sea.