As the crisis in the Red Sea deepens, exporters are wondering how to get their goods to market. The attacks, led by Iran-backed Houthi militants in Yemen, have disrupted a key trade route linking Europe and North America with Asia via the Suez Canal https://t.co/8wFTwUX7qmpic.twitter.com/Oaq1gdz5H3
Yemen's Houthi movement attacked two commercial ships in the Red Sea with naval drones, the Iran-backed group said, the latest in a surge of attacks over Israel's military campaign in Gaza. Leading global freight firms are rerouting to avoid the Suez Canal https://t.co/VIcT9RZq7jpic.twitter.com/ySywRSkzbw
Loaded containers stacked on top of a cargo ship sailing in a canal, Suez Canal, Red sea, Egypt
Many major ocean carriers have halted their ships from entering the Red Sea following the lead of Marsk and Hapag Lloyd in suspending operation after the projectile attacks from the Yemen-based Houthi militia.
As carriers reroute their goods, the Hong Kong based OOCL and Taiwan-based Evergreen have also temporarily stopped accepting cargo to and from Israel until further notice.
The suspension came as two more commercial vessels were under fire on Monday with the MSC Clara and Norwegian oil tanker Swan Atlantic both attacked with naval drones originally from Yemen territory. The Houthis claimed responsibility for both incidents. No crew members were injured on the Swan Atlantic.
Last Friday, two containerships, Hapag Lloyd’s Al Jasrah and the MSC Palatium III, were both hit with Houthis drone missile strikes. No crew members were injured, the companies confirmed. The Houthis confirmed that they also targeted MSC Alanya, but the vessel was not hit.
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The attacks on the MSC and Hapag Lloyd ships occurred a day after another projectile missed the Maersk Gibraltar vessel.
The moratorium on shipments through the Red Sea, a key passage that enables ships coming from Asia to travel through Egypt’s Suez Canal could cause delays in global trade to close out 2023.
Admiral Ossama Rabiee, the chairman and managing director of the Suez Canal Authority, said in a statement on Sunday that the navigation through the Suez Canal was flowing “normally as usual,” but said 55 vessels had shifted their routes South to go around the Cape of Good Hope since November 19th. On that date, the Houthi rebels hijacked a commercial ship in the Red Sea, the Bahamas-Galaxy Leader. The ship was brought to the Yemeni port city of Hodeidah. Rabiee called the 55 vessels a significantly low number, in comparison to the 2,128 vessels that transited the Suez Canal in that period.
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Rabiee stressed that the Sues Canal is the fastest and shortest route for vessels travelling between Asia and Europe. He said that travel time could be cut from nine days to two weeks depending on the port of origin and the port of destination. Travelling via the Cape of Good Hope adds 10 to 15 percent shipping costs.
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U.S. Defense Secretary Lloyd Austin will announce Operation Prosperity Guardian, the formation of a new maritime protection force ensuring that the Red Sea is safe for commerce shipping. Austin is expected to make the announcement during his trip to the Middle East this week. The U.S. Response comes as international naval forces continue their combat operations to deter any further escalation out of Yemen.
POSTSCRIPT: A U.S. warship, the USS Carney, shot down 14 suspected attack drones over the Red Sea. The drones were targeting commercial ships, according to American and British military. The fight for free shipping is just short of open warfare. It must stop.
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Stephen
4 months ago
Yes, the US must attack Iran. And with the US on this battle must be Canada, Mexico, all of Europe and any country to where these ships go and from where they deport. The countries of decent people anywhere must join the coalition to end Iran’s murderous regime. Will it happen? Of course not. The Iranian leaders and their sycophants are begging to be annihalated. I say, “Give them what they pray for.”
Eric Vieira
4 months ago
The US should block all traffic from the Gulf of Oman in retaliation.
Are you suggesting the Obiden Junta attack on of their principal allies and benefactors? D
Stephen Honig
4 months ago
This is Obama’s brethren so nothing will happen.
Richard Meyer
4 months ago
Trump said it best . “Iran is a large country where most of their land is desert. Iran has seaports that are needed to import their food. Bomb the seaports “ use cruise missiles to put no US pilots in harms way.
John Acord
4 months ago
Let me explain why this is going to become a very difficult mission for the USN and likely to play righ into the hands of the Iranians and their proxies. The carrier feets is limited in its inability to shoot down these drones. The Reason is easy to understand. The drones used by the Houths cost about $3k each while the missiles we use to shoot them down cost about 2 million each. If they shoot 100 drones it costs them about $250,000, If we shoot them down it takes 100 or more missles at a cost of about $200 million. The destroyers carry about 100 missiles each. Unfortunately, the USN does not have tenders with supplies (OUr genius admirals thought them unnecessary) and when the destroyer runs out they have to withdraw to the nearest port, probably Diego Garcia, and replenish their supplies and return to the battle. When the destroyer withdraws so do the carriers as they require the protection from the destroyers. The result could well be the Houthis and Iran claim victory and that would not look too good from Biden in an election year. Then, remember the USN and Pentagon remains under the firm control of the generals and admirals who so adeptly handled the Afghan fiasco.
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