By Ronnie HaruiJapanese shipping companies' shares climbed Thursday amid the Houthi Yemeni rebel group's attacks on international shipping in the Red Sea. Shares of Nippon Yusen were recently 7.75% higher at 4,710 yen ($32.87), shares of Mitsui O.S.K. Lines were up 7.1% at Y4,838 and shares of Kawasaki Kisen Kaisha were 7.7% higher at Y6,514. The U.S., Britain and key allies issued what officials described as a final warning to the Houthi Yemeni rebel group on Wednesday to cease its attacks or bear the consequences. Write to Ronnie Harui at ronnie.harui@wsj.com(END) Dow Jones NewswiresJanuary 03, 2024 22:42 ET (03:42 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal January 04, 2024 11:18 UTC