Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping,

Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.

ATHENS (Reuters) - Maritime security officials said on Thursday they were expecting Yemen's Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas.

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced. Both com

Average capacity offered on Asia-to-Europe routes has increased just 8.8 percent, despite 31 percent more ships on the route, according to Alphaliner.

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

The 11 survivors who have spoken to the BBC have also accused the Egyptian authorities of trying to cover up what happened, saying investigators were determined to blame it on a huge wave.

Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached. The Houthis have carried out more than 100 attacks on ships since November 2023 and have sunk two vessels,

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The Houthis have attacked the USS Harry Truman for the sixth time in a month, escalating tensions in the Red Sea amid ongoing military conflicts.- Watch Video on English Oneindia