Monday, June 17, 2024

Revenge of the Houthis - Part Two

Well, another ship is going down in the Gulf of Aden: https://www.centcom.mil/MEDIA/PRESS-RELEASES/Press-Release-View/Article/3808503/june-15-us-central-command-update-on-mv-verbena/

https://maritime-executive.com/article/two-bulkers-in-danger-of-sinking-after-houthi-attacks

Add these to the M/V Rubymar, which the Houthis sank in early March: https://m.youtube.com/watch?v=4NCXlC7Kn5Q

Not to mention the M/V Galaxy Leader which was taken by a Houthi air assault back in November: https://www.youtube.com/watch?v=oYTnHIB01KA

Plus all the other merchant (and military?) vessels struck by Houthi drones and missiles: https://www.bbc.com/news/world-middle-east-68031732

Then there’s the fact that insurance for shipping has gone up since the Houthis began their attacks: https://www.eiu.com/n/war-risks-raise-marine-insurance-premiums

And the added costs incurred because a great deal of shipping traffic must now take the long way around Africa: https://blogs.worldbank.org/en/developmenttalk/navigating-troubled-waters–the-red-sea-shipping-crisis-and-its-

Egypt too is feeling the pain – as they received upwards of nine billion$$$ in 2023 charging ships to transit the Suez Canal: https://maritime-executive.com/article/suez-canal-authority-extends-discounts-as-traffic-and-revenues-plummet

Lastly, the Houthis have been designated as “terrorists” for the ecological damage the ships they’ve damaged/sunk are causing https://foreignpolicy.com/2024/03/18/houthis-environment-rubymar-maritime-terrorism-pollution/

And the GLOBAL WARMING! being caused by all the ships which must now take the long way from Asia to Europe: https://www.reuters.com/graphics/CLIMATE-CHANGE/COMPANIES-EMISSIONS/myvmanyrkvr/

When you think about it, it's amazing how many of the world's problems can be traced back to one very small nation in the Middle East.... Thanks Israel!

Fitz

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