64 Shipowners Face Armed Threat in Red Sea 🚀

SHIPPING NEWS

64 Shipowners Face Armed Threat in Red Sea

Yemen’s Houthi rebels have escalated their campaign in the Red Sea, targeting global shipping lines with direct threats. In a bold move, the Houthis have issued written warnings to 64 ship-owning companies, informing them that their vessels are banned from entering the Red Sea, Bab al-Mandeb, Gulf of Aden, and Arabian Sea. The letters serve as a “final warning,” stating that vessels affiliated with these companies will be treated as military targets.

This follows a deadly resurgence of attacks in July, where two commercial bulk carriers—Magic Seas and Eternity C—were struck and later sank. The attacks resulted in multiple casualties and hostage situations, further intensifying the region’s instability.

As a result, commercial ship transits through the Bab el-Mandeb Strait have plunged by more than 28% over recent weeks, approaching their lowest level since the crisis began in late 2023. Many shipping companies are now rerouting around the Cape of Good Hope, adding time, cost, and emissions to global supply chains.

But the implications extend far beyond shipping. Undersea cable operators are now on high alert, as nearly 25% of global internet traffic flows through the Red Sea corridor. Any disruption here could cripple data flows between Europe and Asia. Meanwhile, the United Nations has agreed to maintain monthly monitoring of Houthi maritime attacks, signaling mounting global concern over the threat to vital trade routes.

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