CMA CGM and Maersk have issued updates on their network routing plans regarding Red Sea navigation, following the recent ceasefire agreement between Israel and Hamas.
Both companies acknowledged the positive steps towards stability but emphasized the fragility of the situation and the ongoing security risks in areas like the Red Sea and Bab-el-Mandeb Strait. Thus, both announced plans to continue routing via the Cape of Good Hope, despite ceasefire.
CMA CGM has stated that while the ceasefire is a welcome development, the safety of its seafarers, vessels, and customers’ cargo remains the top priority. As a precaution, the company will continue to use alternative routes, including the Cape of Good Hope, for the majority of its network. Adjustments may be made on a case-by-case basis as the situation evolves.
Similarly, Maersk has confirmed that its operations will also continue to route via the Cape of Good Hope due to persistent security risks in the region. The company highlighted its commitment to ensuring stability and predictability for its customers’ supply chains and noted that its East-West network, set to launch on February 1, 2025, will rely on this routing.
Both companies are closely monitoring the situation and have pledged to provide updates and ample notice if it becomes safe to return to the Red Sea routes.
