Two of the world's top shipping companies, Maersk and Hapag-Lloyd , said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.

Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.

Comments by Frontline Management's chief executive Lars Barstad reflect scepticism in shipping circles about improved safety conditions off Yemen

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

Container lines are likely to wait and see what happens to other vessels returning to the Red Sea before making any decisions themselves.

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza

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. The Houthis have carried out more than 100 attacks on ships since November 2023 and have sunk two vessels,

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping,

The Israeli Prime Minister’s office confirmed that a deal has been agreed upon with Hamas to release the hostages held in Gaza. Follow for live news updates.

The runway is likely built by the United Arab Emirates, which has long been suspected of expanding its military presence in the region.