Red Sea cargo volumes have fallen 46% since the Houthi attack in November

In this image provided by the U.S. Navy, the amphibious assault ships USS Carter Hall and USS Bataan sail through the Bab el-Mandeb Strait on August 9, 2023. (Mass Communications Spc. 2nd Class Moises Sandoval/U.S. Navy via AP)

The traffic of goods through the channel mandemeninside Red SeaAccording to Port Watch, water levels today have dropped by 46% since Yemeni militiamen began attacking shipping on November 19, and are 53% below levels recorded on January 7 last year.

Port Watch is a maritime traffic disruption analysis tool developed by International Monetary Fundl (International Monetary Fund) and Oxford university (UK), collects maritime traffic data from around the world.

On November 18, the day before the Houthis hijacked the Galaxy Leader ship off the coast of Yemen, 61 cargo ships and 23 oil tankers passed through the pass, while last Sunday only 30 and 14 oil tankers respectively passed through The pass.

Since mid-December, traffic has dropped sharply and attacks have intensified, with more than 20 merchant ships affected, according to the U.S. State Department.

04/02/2022 Bremen, Bremerhaven, February 4, 2022: The container ship “Bombay Maersk” arrives in Bremerhaven. The ship was rescued after running aground near Whangaroog Island in the North Sea. Photo: Sina Schuldt/dpa Politics Sports Sina Schuldt/dpa

Red Sea, bordering the Red Sea to the north suez canal To the south is the Bab el-Mandeb Strait A route visited by more than 19,000 cargo ships every yearaccounting for 11% of global maritime traffic and the fastest route between Asian ports and the Mediterranean.

Since mid-November, Yemeni Shia rebels fire shells at ships flying the Jewish state flag or owned by Israeli companies as it passed through the city of Mandeb in response to the Gaza offensive.

The attack on the Yemeni coast affected traffic in the Suez Canal, albeit to a lesser extent, with traffic in the Suez Canal reduced by 33.4% since the same day, although Canal Authority Chairman Osama Rabiee said last December Yue said that the general aviation pass “is developing normally.”

Faced with this threat, some of the world’s most important shipping lines, including Danish Shipping Lines, diverted cargo ships towards the Cape of Good Hope MaerskHe pledged on Friday that he would avoid the route entirely in the “near future” or that MSC, the largest container company, had stopped operating in these waters in mid-December.

However, French shipping group CMA CGM assured that some of its ships have successfully crossed the Bab el-Mandeb Strait and plans to fully resume the route in the future.

File photo of the USS Carter Hall transiting the Red Sea on December 19, 2023.Politico Europe News / Contact / Marine Corps

Another route, adjacent to the African continent to the south, saw a 33.2% increase in transport volume over the same period, adding 10 days to the crossing, significantly increasing fuel costs and raising final shipping costs.

According to Port Watch, lThe most affected industries currently are petroleum, non-metallic chemicals and minerals..

The military coalition formed in response to the US-led Houthi offensive has accused Yemeni rebels of “disrupting vital shipments of food, fuel and humanitarian aid from around the world”.

The rebels assured that “the formation of a coalition by the United States to protect Israeli ships poses a serious threat to the security of international navigation in the Red Sea, and relevant parties must bear the consequences of its dangerous and irresponsible escalation.”, according to a statement from the organization’s Politburo. .

The Houthis and Somali pirates have carried out the attacks since war broke out between Islamist group Hamas and Israel in the Gaza Strip on October 7.

(Information from EFE)

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