The Red Sea saw a relatively calm period following the ceasefire in Gaza, which seemed to quell hostilities and halt Houthi attacks. However, Israel’s refusal to implement the second phase of the ceasefire and the ongoing blockade of humanitarian aid to Gaza led the Houthis to announce in March their intention to resume naval operations targeting Israeli-linked vessels. The ceasefire proved to be fragile, since yesterday Israel conducted extensive airstrikes in Gaza, in the most significant rise of hostilities since the beginning of ceasefire in January.
Intermodal-Report-Week-11-2025The post Intermodal Weekly Market Report [W11] appeared first on Shipping Herald.