A British report about an explosion that occurred in the Red Sea near the port of Bab al-Mandab in Yemen.
The report indicates that a rocket/drone launched by the Houthis exploded near a Romanian ship flying the Liberian flag.
There have been no reports so far of damage and/or…
— OSINTwarAlerts (@dopaminedealers) December 18, 2023
Bab al-Mandab is a narrow strait between Africa and the Arabian peninsula through which an estimated 12% of global trade by volume normally flows, and perhaps 30% of global container traffic.
A new Suez crisis threatens the world economyt.co/t15cYXcX5J pic.twitter.com/CtpQ6TqWhh
— kowalskijanpl (@kowalskijanpl) December 18, 2023
⚡️BREAKING
You can now finally say that the suez canal is out of service
Hapag-Lloyd, the world's fifth largest container shipping company in the world, has halted its activities in the Red Sea.
MSC, the largest shipping company, and Maersk, the second largest, have also… pic.twitter.com/L9nQf9oOaH
— Iran Observer (@IranObserver0) December 17, 2023
Egypt's annual revenue from Suez Canal is $9.4 billion.
This can't be good for the Land of the Pharaohs. pic.twitter.com/L9P93uBMjm
— Mihr Thakar (@MihrThakar) December 16, 2023
Get ready for more supply chain disruptions
America has negligible dependency on the Suez Canal, Europe though, can't live without it.
The Red Sea/Gulf of Aden is essentially closed for commercial traffic due to attacks on shipping by the Houthi’s of Yemen, which means the Suez… pic.twitter.com/q0S4Z7rpHw
— Tony Seruga (@TonySeruga) December 17, 2023
Logistics companies representing more than half of global cargo shipping have suspended operations in the Red Sea (including the Suez Canal).t.co/D4iV0ZaJlF
— Jason Ross (@JasonA_Ross) December 17, 2023
How important is a disruption of Suez Canal traffic?
Considering Panama throughput is down 50%, it's potentially the economic event of the decade, as it was in the 1967-1975 period.
— 🏴☠️ (@calvinfroedge) December 15, 2023
According to the World Bank, global port trade traffic reached 841 million TEUs (20-foot container equivalent units) in 2021. China’s new Silk Road depends on stability in the Red Sea
Según el Banco Mundial, el tráfico comercial portuario mundial alcanzó los 841 millones de TEU (unidades equivalentes a contenedores de 20 pies) en 2021. La nueva ruta de la seda China depende de la estabilidad en el Mar Rojo🆘 #Yemen pic.twitter.com/MIuHFkMa5T
— Alf (@eklektiko80) December 17, 2023
Reportedly, #Yemeni forces have said that, if #SaudiArabia and #UAE will join the alliance of #UnitedStates operation #ProsperityGuardian in #Red sea and #Gulf of Aden to attack yemen then they will hit the oil and gas pipelines of Saudi and United Arab Emirates.
— UltimateMaster ♐ (@dobeSeekh39986) December 18, 2023
h/t rachel3108