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Carriers will be wary that they could be at risk if the Houthis deem their voyages to have any connection with Israel.

It’s far too early to expect any formalised changes in the next few weeks: eeSea.

Drewry expects congestion at transhipment ports to remain high but easing is anticipated as carriers add more capacity

In the first three weeks of March, the number of ships transiting through the Suez Canal was down 51% YoY

Ukraine exported an average of four million tonnes of grain per month during January and February 2024

Container ship transits are down by 70% through the Gulf of Aden and the Suez Canal, says BIMCO

Operation will be active along the main sea lines of communication in the Baab al-Mandab Strait and the Strait of Hormuz

Oil tanker hit by Houthi-fired missile, crew safe

Drewry’s World Container Index increased 5% to $3,964 per 40ft container for the week to January 25, 2024

Following escalation of risk, US subsidiary of Maersk is suspending transits in the region until further notice

Houthis continue to target merchant ships, ocean freight rates continue to rally on uncertainty

United States calls Ansarullah, also known as the Houthis, as a Specially Designated Global Terrorist