Route Change
CMA CGM has temporarily redirected all shipments originally slated for the Red Sea passage to traverse the Cape of Good Hope route, reports Port News.
Duration
This adjustment will be in place until further notice.
Reason for Change
Triggered by a failed missile strike by the Houthi on the 8,600 TEU vessel Koi on February 1st.
Company Profile
French shipping and logistics giant founded in 1978 by Jacques Saadé.
Global Presence
They operate in over 160 countries through 400 offices and 750 warehouses.
Workforce
Their Employs are around, 155,000 individuals worldwide.
Fleet
Boasts a fleet of 593 vessels, making it the third-largest container shipping company globally.
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Source: Port News
