Alex Blair is a UK-based reporter for GlobalData Media. He writes on topics including conflict, geopolitics, defence and sport.
The attack on the UK-owned carrier left an “18-mile oil slick” in the Gulf of Aden, threatening marine ecosystems and freight prices.
The oil tanker spill has affected “eco-sensitive areas” vital for Tobago’s food security and economy amid Carnival celebrations.
The Houthis’ Red Sea ship attacks and US-UK airstrikes are affecting transport, energy, financial and automotive supply chains.
Houthi Red Sea attacks have impacted 30% of global container trade and caused transportation costs to triple.
The UK-US coalition force has repelled the Houthis’ attack, but the number of vessels crossing the Bab al-Mandeb Strait has decreased by 70%.
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Maersk has also rerouted Red Sea ships following the Houthi militants’ attack over the weekend.
The two nations’ memorandum of cooperation agrees to create the world’s first “green and digital” shipping corridor.
The worst drought in 73 years has forced the Panama Canal to drastically reduce ship transit slots.
Following a spate of hijackings in the Red Sea, the Houthis have threatened any ship calling at an Israeli port.
Armed Houthi rebels seized the British-owned, Japanese-operated ship for its alleged ties with an Israeli businessman.