Shipping giant Maersk has said that it will divert all vessels around Africa instead of using the Red Sea and Suez Canal for the “foreseeable future” after Yemeni rebels attacked its merchant ships, AFP reports.

The Danish company cited the highly volatile situation and noted that the security risk remains high.

“We have therefore decided that all Maersk vessels due to transit the Red Sea/Gulf of Aden will be diverted south around the Cape of Good Hope for the foreseeable future,” it said in a statement.