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Red Sea Risk Piracy and Security Containers

NYK holds back from Red Sea as president Soga warns security ‘far from ideal’

  • NYK is in no hurry to return to the Red Sea, with the Gaza ceasefire still highly fragile
  • President Soga said he hopes talks between Israel, the Houthis and even Iran can deliver a lasting settlement
  • Key carriers are planning a return via the Suez Canal, but war risk premiums remain high

  • News

NYK is keeping its fleet out of the Red Sea, judging that fragile geopolitics and navigational safety still outweigh the lure of shorter routes and lower costs

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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