Maersk, the Danish shipping giant, has announced it is readying to resume shipping operations through the Red Sea and Gulf of Aden.
This decision follows the deployment of an international military operation aimed at preventing attacks on commercial ships by Yemen's Houthi rebels.
Some firms had temporarily halted shipments through the Red Sea due to these attacks.
German shipping company Hapag-Lloyd said it still considered the route too dangerous to continue its operations in the region.
"We continuously assess the situation and plan a next review on Friday," a spokesperson for the company said.
The Red Sea is a crucial passage for oil, liquefied natural gas, and consumer goods shipments, connecting the Bab al-Mandab Strait in the south to the Suez Canal in the north.
Houthi rebels, declaring support for Hamas, have targeted vessels they believe are heading for Israel using drones and rockets.
The alternative route around the Cape of Good Hope adds about 3,500 nautical miles to the journey, raising concerns about supply chain disruptions and increased transport costs.
In response to shipping companies avoiding the Red Sea route, the US initiated Operation Prosperity Guardian, an international naval operation aimed at protecting ships in the region.