Live Update From the Liveblog of
Saturday, December 16, 2023
Major shipping firms MSC and CMA CGM suspend passage through Red Sea
PARIS — Two more major shipping firms, Mediterranean Shipping Company (MSC) and CMA CGM, say they’re suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.
The announcement by MSC and CMA CGM follows a similar decision yesterday by two of the world’s largest shipping companies, Maersk and Hapag-Lloyd, after Houthi rebels said they were targeting vessels passing through the Bab el-Mandeb Strait to pressure Israel over its war with Palestinian Hamas terrorists in the Gaza Strip.