Shipping

Maersk resumes its operations in Red Sea

Danish shipping giant Maersk has declared its intention to resume operations in the Red Sea and the Gulf of Aden following the deployment of a multinational security initiative against Houthi attacks. The move comes after recent disruptions prompted shipping companies, including Maersk, to pause, adjust, and divert services for safety reasons.

In an official statement released on Sunday, Maersk highlighted its commitment to prioritizing the safety of seafarers and cargo. The company expressed relief at the establishment of Operation Prosperity Guardian (OPG), a multinational security initiative aimed at securing maritime commerce in the Red Sea and Gulf of Aden.

"As of Sunday, December 24, 2023, we have received confirmation that Operation Prosperity Guardian (OPG) has been set up and deployed. This development allows maritime commerce to navigate the Red Sea/Gulf of Aden, restoring access to the Suez Canal as a vital gateway between Asia and Europe. This is welcome news for the entire industry and the functionality of global trade," the statement noted.

The announcement follows increased tensions with Yemen's Iran-backed Houthi rebel group, officially known as Ansar Allah, intensifying its involvement in the Gaza Strip conflict. With threats to attack Israel-bound ships in the Red Sea, a crucial sea route for oil and fuel shipments, major container companies suspended operations in the region last week.

In response to the Houthi attacks, the US declared the formation of a multinational mission aimed at countering the threats. US Defense Secretary Lloyd Austin emphasized that the escalating attacks posed risks to the free flow of commerce, endangered innocent mariners, and violated international law.

Maersk's decision to resume operations aligns with the multinational efforts to enhance security in the region, signaling a positive step toward restoring normalcy to maritime trade routes. Stay updated for further developments on this significant initiative and its impact on global shipping.