Shipping giant Maersk says too early to resume sailing through Red Sea, despite security operation

A truck driver with his vehicle makes his way past containers with the logo of Danish shipping giant Maersk and Maersk Sealand stacked at a transshipment station in Frankfurt am Main, western Germany, on January 23, 2024 (Kirill KUDRYAVTSEV / AFP)
A truck driver with his vehicle makes his way past containers with the logo of Danish shipping giant Maersk and Maersk Sealand stacked at a transshipment station in Frankfurt am Main, western Germany, on January 23, 2024 (Kirill KUDRYAVTSEV / AFP)

Shipping company Maersk says it is too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety in the region.

Maersk, one of the world’s biggest container shipping companies, suspended Red Sea traffic on January 5 and has since redirected ships via the Cape of Good Hope.

The EU’s naval mission in the southern Red Sea was launched in February to help protect the key maritime trade route from drone and missile attacks by Yemen’s Houthi militia, who say they are retaliating against Israel’s war on Hamas in Gaza.

Maersk says in a statement on its website that it was aware that other shipping companies had continued sailing through the Red Sea or announced plans to resume sailing.

“We continue with our own assessment that the current situation does not allow us to make a similar decision,” it says.

“We still believe that sailing via the Cape of Good Hope and around Africa is the most reasonable solution at the moment and the one that currently allows the best supply chain stability,” it adds.

Times of Israel staff contributed to this report.

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