{"id":66383,"date":"2023-12-19T08:58:48","date_gmt":"2023-12-19T13:58:48","guid":{"rendered":"https:\/\/olduvai.ca\/?p=66383"},"modified":"2023-12-19T08:58:48","modified_gmt":"2023-12-19T13:58:48","slug":"uk-navy-alerted-to-incident-near-djibouti-as-houthis-paralyze-red-sea-shipping","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=66383","title":{"rendered":"UK Navy Alerted To Incident Near Djibouti As\u00a0Houthis Paralyze\u00a0Red Sea Shipping"},"content":{"rendered":"

UK Navy Alerted To Incident Near Djibouti As Houthis Paralyze Red Sea Shipping<\/a><\/h3>\n
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International shipping in the Red Sea and vital Bab al-Mandab Strait is grinding to a halt with tankers, container ships, and other types of commercial vessels rerouting around the Cape of Good Hope to avoid missile and drone attacks from Yemen’s Iran-backed Houthis.<\/p>\n

In a report that has become almost daily this week, Bloomberg states that the United Kingdom Maritime Trade Operations is monitoring a new potential incident involving a commercial vessel. This latest incident is said to have occurred around 80 nautical miles northeast of Djibouti.<\/p>\n

On Monday, Houthi rebels attacked\u00a0two commercial ships<\/a>\u00a0in the Red Sea. Full details of the attacks were not immediately known, but spurred a handful of major shipping companies to halt transit through the Red Sea.<\/p>\n

At least seven major shipping companies, including Taiwanese container shipping line Evergreen, Belgian tanker owner Euronav, energy giant BP Plc,\u00a0Maersk, Hapag-Lloyd, CMA CGM, and Mediterranean Shipping Company<\/a>\u00a0have paused all commercial vessel operations through the Red Sea that connects to Egypt’s Suez Canal.<\/p>\n

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Spillover risks of the Israel-Hamas war are quickly building, as the Red Sea is responsible for 10% to 12% of the world’s international trade. These mounting risks have forced London maritime insurers to demand war risk coverage for vessels that want to transit the Red Sea.<\/p>\n

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Red Sea is now largely closed to traffic. That’s 8.8 million bpd of daily oil transit, and nearly 380 million tons of daily cargo transit.<\/p>\n

Global traffic now will be rerouted around Cape of Good Hope, adding 40% to voyage distance (and even more to cost)\u00a0pic.twitter.com\/Xct7x03tFI<\/a><\/p>\n

\u2014 zerohedge (@zerohedge)\u00a0December 18, 2023<\/a><\/p><\/blockquote>\n

On Monday, US Secretary of Defense Lloyd J. Austin said the US and allies, including the UK, Canada, France, and others, are creating a new naval task force to protect critical maritime shipping lanes.<\/p>\n<\/div>\n<\/div>\n

\u2026click on the above link to read the rest\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

UK Navy Alerted To Incident Near Djibouti As Houthis Paralyze Red Sea Shipping International shipping in the Red Sea and vital Bab al-Mandab Strait is grinding to a halt with tankers, container ships, and other types of commercial vessels rerouting around the Cape of Good Hope to avoid missile and drone attacks from Yemen’s Iran-backed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[34053,4408,34052,441,14494,2080,827,901,4318],"class_list":["post-66383","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-bab-al-mandab-strait","tag-houthi-rebels","tag-international-shipping","tag-iran","tag-red-sea","tag-united-kingdom","tag-united-states","tag-yemen","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66383"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66383\/revisions"}],"predecessor-version":[{"id":66384,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66383\/revisions\/66384"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}