More shipping giants suspend passage via Red Sea after attacks

Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.

The announcement by Italian-Swiss giant MSC and France’s CMA CGM follows a similar decision on Friday by two of the world’s largest shipping companies, Maersk and Hapag-Lloyd, in response to a warning by the Iran-backed Huthi rebels.