Here are the key points.
Greece, a major commercial shipping power, has been directly affected by the Houthi attacks. The port of Piraeus, near Athens, reported a 12.7% drop in activity at its container terminal in January, on an annual basis.
Germany, Italy and France will also provide warships for the mission, joining the Hydra, while Italy will assume tactical command, according to Greek officials.
Officials in Athens have described the Aspides mission as defensive, adding that Greece would not take part in U.S.-led attacks against Houthi military targets in Yemen.
At a parliamentary committee hearing last week, Dendias said keeping the lines of maritime trade open was an “existential necessity for Greece.”
“We do not take a position on the Houthi issue,” Dendias told lawmakers at the hearing. “But we do challenge the right of anyone to fire at our ships, at European ships, and at ships that sail the region and come to our ports.”
And in case you are not aware "Greek shipping represents 60% of the EU - controlled fleet and 21% of the world deadweight capacity."