Houthi Attacks Pose a Major Threat to Global Trade

Houthi attacks on commercial shipping vehicles in the Red Sea have now reached a critical point, with many global shipping companies stopping their vessels from moving through the area. The decision was first taken by Danish shipping giant Maersk and Germany’s Hapag-Lloyd, now followed by French company CMA CGM. The companies decided to cease passage through the Red Sea after the container ship MSC Palatium III was attacked by a Houthi suicide drone on Friday.

 

Read Full Article »




Related Articles