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Red Sea Chaos: Houthis Sink Ships, Send Shipping Costs Skyrocketing
21.06.2024, 22:01 Uhr. GreatGameIndia - https: - Red Sea chaos escalated recently as Houthi rebels sank the dry-bulk freighter Tutor using a kamikaze drone boat, sending commercial shipping costs soaring. Insurance rates for vessels now reach 6% of their value, impacting global containerized freight and port operations. Iran-supported Gulf of Aden, the vital Bab el-Mandeb chokepoint, and commercial...
Escalating Red Sea Attacks Drive Up Vessel Insurance Costs
21.06.2024, 02:40 Uhr. ZeroHedge News - https: - Escalating Red Sea Attacks Drive Up Vessel Insurance Costs Iran-backed Houthi rebels have been intensifying missile and drone attacks, targeting commercial vessels in the southern Red Sea, critical Bab el-Mandeb chokepoint, and the Gulf of Aden. The rebels have even threatened to extend their reach to the Mediterranean Sea. The recent sinking of the...
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