Shipping giant Maersk is preparing to return to the Red Sea after Houthi attacks, but risk remains

• Maersk will resume operations in the Red Sea, despite Houthi attacks in the area.
• It reversed its decision to reroute around Africa after a multinational task force was deployed.
• The company said it could still reverse its decision as "risk in the area is not eliminated."

Shipping firm Maersk plans to resume its operations on the Red Sea now that a multinational security initiative is active in the area, the company said in a statement on Sunday.

The company will no longer send vessels around Africa, a lengthier and costlier route it announced last Tuesday as a way to avoid Houthi attacks in the Red Sea region.