Singapore's port authority is monitoring the situation in the Red Sea and its implications on shipping activities. Read more at straitstimes.com.

Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk said it was too early to speculate.

Houthi attacks in the Red Sea date back to November 2023, when rebels attacked the British-owned Galaxy Leader cargo ship and seized its crew.

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

Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.

Houthi, said the Iran-aligned group will monitor the implementation of a ceasefire deal between Israel and Hamas and will continue its attacks on ships in the Red Sea if it is breached.

Israel and Hamas announced a ceasefire on Wednesday, leading to speculation that the Yemen-based Houthis — who began attacking commercial ships in late 2023 ostensibly in retaliation for Israel’s attacks on the Gaza Strip — might call off the broadsides for good.

Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.

Yemen's Houthi rebels announced they will direct attacks only towards Israeli-linked ships in the Red Sea following a Gaza ceasefire. They halted previous sanctions on other vessels, having targeted about 100 since November 2023 amid the Israel-Hamas conflict.

The Yemen-based Houthis signaled a pause in their months-long attacks on commercial ships following a ceasefire deal between Israel and Hamas.

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.