Suez Canal traffic fell 28% at the end of 2023 due to Houthi attacks
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Cargo traffic through the Suez Canal fell by 28% at the end of 2023 due to attacks on ships by Yemen’s Ansar Allah movement. This was announced by the official representative of the International Monetary Fund, Julie Kozak.
“Transport through the Red Sea accounts for 10% of global trade flows. They (Houthi attacks.— “Ъ”) will increase both delivery time and shipping costs for exporters and importers. And this could lead to an increase in prices,” Ms. Kozak clarified at the briefing (quote from TASS).
The Red Sea is the shortest waterway connecting Asia and Europe through the Suez Canal. About a third of all global container traffic passes through it. Shelling of ships sailing in the Red Sea increased in December amid the war between Israel and the Palestinian Hamas movement. By data experts, due to the Houthi attacks, world prices for container shipping have doubled.
Today, January 12, USA and UK struck on Houthi positions in Yemen. The attack was carried out with the support of Australia, Bahrain, Canada and the Netherlands.
Read more about attacks on ships in the Kommersant article. “Red Sea Lines”.
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