Shipping companies under attack by the Houthis in the Red Sea strait.

Shipping companies under attack by the Houthis in the Red Sea strait.

Shipping companies under attack by the Houthis in the Red Sea strait.
Maersk and Hapag-Lloyd, two major shipping companies, have announced their decision to stop operations in the Red Sea.
On the same day, Yemeni naval forces fired missiles at two container ships, the MSC Alanya and the MSC Palatium III headed towards Israel, the Yemeni military later confirmed in a statement.
On Thursday 14 December Sanaa announced that it had carried out a drone attack on the Maersk Gibraltar ship bound for Israel. A few days earlier, Yemeni naval forces had fired a missile at a Norwegian ship carrying oil and destined for the Israeli port of Ashdod. Sanaa forces also captured an Israeli-linked ship last month, returning it to the coast of Yemen.
All these events have contributed to significantly increasing transportation costs in the Red Sea, with companies, including Israeli ones, forced to resort to expensive alternative routes and increase prices. Earlier this month, Israeli shipping company Zim began implementing alternative routes around Africa.
War risk premiums – required of ships sailing in high-risk areas – rose during the week to 0.2% of a ship’s value, from 0.007% the previous week, according to market estimates, translating “into tens of thousands of dollars in additional costs for a seven-day trip,” Reuters reported.
“These attacks have the potential to become much more of a global strategic economic threat than simply a regional geopolitical threat,” Duncan Potts, a former vice admiral of the British navy, said on December 12.
Last week, US National Security Advisor Jake Sullivan confirmed reports that the US is launching the news of the birth of “Prosperity”, the international task force designed to put an end to the actions of the rebels, of which Italy will also be part. News subsequently confirmed by Pentagon chief Lloyd Austin who announced that the USA is working on the formation of an international coalition to counter the dangerous attacks by Yemen’s Houthi rebels on transport ships en route in the Red Sea. The increase in maritime attacks since the war between Israel and Hamas broke out on October 7 has forced some companies to interrupt the passage.
In response, Iranian Defense Minister Mohammed Reza Ashtiani said on December 14 that the United States will face “extraordinary problems” if it establishes a multinational force in the Red Sea to protect shipping from naval attacks by pro-Iranian Yemeni Houthi militias.

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