Six ships linked to the U.S. and U.K. have successfully transited the area without coming under attack since January 19.
CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.
The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued danger.
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.
Yemen's Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
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.
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as a ceasefire in the Gaza Strip takes hold.
Yemen’s Houthi rebels said they will cease attacks on Israel and on merchant shipping in the Red Sea as a ceasefire between Israel and Hamas took effect
Before their release, the hostages, four female soldiers, were led onto a stage in Gaza City, surrounded by masked, uniformed fighters.
Long lines of Palestinians -- some kneeling to kiss the soil as they stepped into the northern part of the strip -- were making their way home on Monday.