Many transport companies are avoiding the Red Sea where Yemen-based Houthis have attacked ships in support for Hamas in the conflict with Israel. But even ships without direct links to Israel have been targeted, and as the escalation of the war threatens global trade, a US-led task force is trying to bolster security on the key waterway.
The shipping industry in Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing through the Red Sea to compensate for the danger posed by the recent attacks.
The hazard pay kicks in for the time spent in two defined high-risk areas in the region, according to a deal presented on Friday by employer group Danish Shipping and the nation’s three largest labour unions for seafarers.
