Houthi Militia Attacks on Cargo Vessels Cause Global Shipping Strain, Warns Maersk

Shipping lines worldwide are facing increased pressure due to escalating attacks by the Houthi militia in Yemen on cargo vessels. Maersk, the second-largest ocean carrier, issued a warning to its customers on Monday, highlighting the expanded risk zone and the resultant impact on operations.

Expanded Risk Zone

According to Maersk's communication to its customers, the risk zone has broadened, leading to heightened stress, delays, and escalated costs for shipping companies.

Since late last year, the Houthi militia has been targeting ships in the Red Sea, a crucial route for cargo vessels traveling from Asia to the Suez Canal. As a result, ocean carriers have been compelled to circumvent the Red Sea and opt for a longer route around the southern tip of Africa to access Europe.

New Threats in the Indian Ocean

Recent developments indicate that the Houthi militia is attempting to target ships transiting the longer journey around the Indian Ocean, intensifying the challenges faced by shipping companies.

Given the extended duration of the route around Africa, shipping companies have been compelled to increase the number of vessels in operation to maintain timely transportation of goods without compromising volumes.