Tensions in Red Sea: Egypt's Suez Canal Authority on High Alert

Egypt's Suez canal authority is closely monitoring tensions in the Red Sea following recent attacks by Yemen's Houthis on vessels in the southern part of the basin. Two major freight firms, including MSC, have announced they will avoid the Suez Canal due to the increased assaults. Despite this, maritime traffic in the canal is currently normal. Since November 19, 55 ships have rerouted via the Cape of Good Hope, while 2,128 have crossed the canal in the same period.