This is the best summary I could come up with:

Global shipping giant Maersk will restart operations in the Red Sea after suspending activity there following attacks by Iran-backed Houthi rebels on commercial vessels.

The Danish company announced Sunday that it would resume shipments in the Red Sea and Gulf of Aden following the establishment of a new US-led security operation to safeguard the area.

Operation Prosperity Guardian will once again allow shipping vessels to pass through the area, Maersk said in a statement, in what it called “most welcome news for the entire industry and indeed the functionality of global trade.”

Some of the world’s biggest companies, including oil giant BP, recently said they were suspending their operations in the Red Sea, also avoiding the crucial Suez Canal, following attacks on commercial ships by the Houthis, which the militants said were revenge against Israel for its military campaign against Hamas in Gaza.

Some ships were already being rerouted around the southern tip of Africa, raising concerns that a prolonged effective closure of the Suez Canal would increase freight costs and delivery times.

“Maersk will not hesitate to reevaluate the situation and once again initiate diversion plans if we deem it necessary for the safety of our seafarers,” the company said, adding that it would share details on the new arrangement in the coming days.

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