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Operation to tow stricken MV Sounion tanker and avert spill starts in Red Sea.EUNAVFOR ASPIDES/Handout via REUTERS

Flames and smoke rise from the damaged Greek-flagged oil tanker MV Sounion, which has been on fire since August 23, after an attack by Houthi militants, on the Red Sea, September 15, 2024 in this handout image. EUNAVFOR ASPIDES/Handout via REUTERS

French Shipping Giant CMA CGM To Keep Avoiding Red Sea

Reuters
Total Views: 2733
January 25, 2025
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PARIS, Jan 25 (Reuters) – French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement between Israel and Hamas, it said on Saturday.

Shipping executives remain cautious about a return to the Red Sea, where Iran-backed Houthis have carried out more than 100 attacks on ships since November 2023, leading most shipping companies to divert vessels to other routes.

Read Also: Shipping Giant MSC Says It Will Keep Avoiding Red Sea for Now

CMA-CGM said in a statement the improved stability was “a positive but fragile sign” for the industry, and safety was a priority.

“Given the ongoing tensions and associated risks for commercial vessels in certain areas, CMA CGM will for time being continue to prioritise alternative routes, including a significant reliance on passage via the Cape of Good Hope,” the statement said.

It added that adjustments to the policy could be made on a case-by-case basis depending on security and global operational conditions.

(Reporting by Leigh Thomas, editing by Barbara Lewis)

(c) Copyright Thomson Reuters 2025.

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