Top Shipping Line MSC Will Keep Avoiding Red Sea for Now.

MSC Mediterranean Shipping Co. SA has announced that it will continue to avoid the Red Sea route and send its ships around Africa's southern tip due to ongoing security concerns in the Suez Canal. This decision reflects a cautious approach shared by other major shipping companies, such as A.P. Moller-Maersk A/S and Hapag-Lloyd AG, who are waiting for safe passage to be assured before resuming normal trade flows through the Red Sea. The recent ceasefire agreement between Israel and Hamas has led to some optimism, but the situation remains fragile, with the potential for further disruptions to shipping routes. [Extracted from the article]