Attacks on vessels in the Red Sea by Iranaligned Houthi militants have actually interfered with a shipping route important to eastwest trade, with prolonged rerouting of deliveries pushing freight rates higher and causing congestion in Asian and European ports.

Below are actions taken by some shipping business (in. alphabetical order):

CMA CGM

The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.

The business expects disturbances to industrial shipping to. last months.

DIANA SHIPPING

The company's vessels are avoiding the Suez Canal.

Suez Canal transits are running about 40% listed below those seen. during the first half of December last year. This is partly. the outcome of several operators including ourselves preventing the. location, President Anastasios Margaronis said on Feb. 23.

EURONAV

The Belgian oil tanker firm stated on Dec. 18 it would avoid. the Red Sea until more notification.

EVERGREEN

The Taiwanese container shipping line said on Dec. 18 its. vessels on regional services to Red Sea ports would sail to safe. waters nearby, while ships arranged to travel through the Red Sea. would be rerouted around Africa.

FRONTLINE

The Norway-based oil tanker group stated on Dec. 18 that its. vessels would prevent the Red Sea and the Gulf of Aden.

GRAM CAR CARRIERS

The Norwegian car provider stated on Dec. 21 its vessels were. restricted from going through the Red Sea.

HAFNIA

The Norwegian shipping firm said on Jan. 12 it had actually stopped. all ships heading towards or within the Bab al-Mandab Strait.

HAPAG-LLOYD

The German container shipping line, which in January decided. to reroute its vessels around Africa until more notice, stated. on June 11 it did not anticipate the shipping market to resume. cruising in the Red Sea even if a ceasefire in between Hamas and. Israel was reached instantly.

It said on March 14 that the Red Sea interruptions and international. vessel oversupply would force it to cut expenses in 2024,. including adapting sailings.

HMM

The South Korean container carrier stated on Dec. 19 it had. ordered ships that would normally use the Suez Canal to reroute. around Africa.

HOEGH AUTOLINERS

The Norwegian vehicle carrier stated on Dec. 20 it would stop. cruising through the Red Sea.

On Feb. 8, it stated the interruptions were adversely impacting. its capability and volumes.

KLAVENESS COMBINATION CARRIERS

The Norway-based fleet operator said on Jan. 16 it would not. trade any of its vessels through the Red Sea till the circumstance. improves.

KUEHNE + NAGEL

The Swiss logistics group said on March 1 it expected the. effect from the Red Sea crisis to last into the coming quarters. and effect its second-quarter operating profit in a low. double-digit million Swiss francs vary.

On April 23, CEO Stefan Paul said that the company anticipated. freight rates to normalise towards the end of the second. quarter.

MAERSK

The Danish shipping group, which suspended Red Sea traffic. on Jan. 5 for the foreseeable future, said on July 17 it was. experiencing a cascading impact from disturbances in the region,. with blockages to its whole ocean network.

On July 1, it anticipated that the approaching months would be. challenging for carriers and services, as interruptions continue. into the 3rd quarter.

MSC

Mediterranean Shipping Company (MSC) said on Dec. 16 its. ships would not transit through the Suez Canal.

NIPPON YUSEN

Japan's most significant shipper by sales suspended navigation. through the Red Sea for all vessels it runs, a spokesperson. told on Jan. 16.

OCEAN NETWORK EXPRESS

The joint venture in between Japan's Kawasaki Kisen Kaisha. , Mitsui O.S.K. Lines and Nippon Yusen said on. Dec. 19 it would reroute vessels from the Red Sea to the Cape of. Good Hope or temporarily stop briefly journeys and move to safe areas.

OOCL

The Hong Kong-headquartered container group stated on Dec. 21. it had actually advised its vessels to either divert far from the Red. Sea or suspend cruising. It likewise stopped accepting freight to and. from Israel till additional notification.

STAR BULK

Star Bulk's CEO stated on Feb. 13 that the. Greece-headquartered company would halt sailings through the Red. Sea after Houthis assaulted 2 of its ships.

TAILWIND SHIPPING LINES

The Lidl system, which carries non-food goods for the. discount rate grocery store chain and goods for third-party clients,. said in December it was sailing around Africa in the meantime.

TORM

The Danish oil tanker group said on Jan. 12 it had chosen. to stop briefly all transits through the southern Red Sea for now.

WALLENIUS WILHELMSEN

The Norwegian shipping group stated on Dec. 19 it would halt. Red Sea transits until additional notification.

YANG MING MARINE TRANSPORT

The Taiwanese container shipping company stated on Dec. 18 it. would divert ships via the Cape of Great Expect the next 2. weeks. It has actually offered no additional update.