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News / Red Sea attacks on ships could continue, despite Gaza ceasefire

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Photo: © Woravit Vijitpanya | Dreamstime.com
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Despite a lull in attacks on shipping this month, Houthi suggestions are that they may resume, despite the Gaza ceasefire announced for Sunday between Israel and Hamas.

President Biden’s Middle East envoy, Brett McGurk, was joined by the president-elect’s choice, Steve Witkoff ...

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  • Stuart Gregson

    January 16, 2025 at 3:20 pm

    Carriers have published their new networks and emphasis from some that they will be routing via the Cape with the 2nd half of the year more likely so the February prediction doesn’t appear to have any evidential basis and just a comment? The raft of new builds is also being used to facilitate the additional capacity needed to support this routing so returning would dump a lot of extra capacity into the market or vessels being laid up to avoid this. Rates in January pre CNY were already unprecedentedly falling so carrier will be in panic mode if this continues.

    • David Stephenson

      January 17, 2025 at 10:18 am

      The Houthis are making billions in protection money paid by the ships that are still using the Suez Canal. I really can’t see them letting that go.

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Gaza Suez Canal The Red Sea Crisis TT Club Vespucci Maritime