Shipping firms take first steps towards Red Sea return


FRANKFURT/
PARIS:

France’s CMA CGM is increasing the number of vessels travelling through the Suez Canal, it said on Tuesday, joining Maersk (MAERSKb.CO) in returning to the area after US-led efforts to prevent attacks.

The world’s top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen’s Houthi militant group began targeting vessels this month,…

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News Source: tribune.com.pk