Houthi Red Sea threat not to raise risk for shipping groups – FT


The latest Houthi threat against maritime operations in the Red Sea is not expected to have a major impact on traffic because most shipping lines were already avoiding the area, shipping executives said, according to the Financial Times.
Yemen’s Iran-backed Houthis on Monday repeated an earlier threat to target all Israeli shipping in the area.
“It doesn’t appear that this escalates the risk for container shipping,” Lars Jensen, chief executive of Vespucci Maritime, said.
Passage through the Bab-al-Mandab Strait was at least 50 per cent below what it was before 2023, according to the report.