Shippers Wary of Red Sea Routes Despite Houthi Pledge to End Targeting

Big shipping companies say they won’t send vessels back to the Red Sea despite a pledge by Iran-backed Houthi militants in Yemen not to attack them as long as a cease-fire in Gaza holds.

The world’s top three container shippers, MSC Mediterranean Shipping, A.P. Moller-Maersk and CMA CGM, in recent days said they would stick with other routes given what they called the unpredictable situation in Gaza and broader tensions in the Middle East.