13% of world seaborne trade under attack from Houthis and Somali pirates
According to Filipe Gouveia, Shipping Analyst at BIMCO, Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting an estimated 13% of global seaborne trade transited through these areas. And the attacks have reduced the number of ships transiting the area by 50%. […]
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