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Maersk will avoid Red Sea despite EU security operation
The shipping company says sailing via the Cape of Good Hope and around Africa is the most reasonable solution
The MV Maersk Rubicon arrives at the Port of Melbourne, Australia's largest port for containerised and general cargo, to unload its containers in Melbourne on March 19, 2024. (Photo by William WEST / AFP)
Shipping company Maersk said on Friday it was 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 Gaza.
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Maersk said 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 said.
"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 added.
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