Steven A. Cook
Yemen’s Ansar Allah—also known as the Houthis—poses a threat to commercial shipping in the Red Sea. From mid-November through mid-December, the group attacked at least 30 merchant ships in the area, prompting most of the world’s major shippers to reroute their vessels around the Cape of Good Hope at the southern tip of Africa. The economic effects of these attacks have yet to be fully realized, but already insurances rates for shipping lines have doubled. Not only that, but circumnavigating Africa requires more time, fuel, and ships than routes through the Suez Canal, resulting in stretched supply chains and increased environmental damage.
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