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boem@lemmy.world to World News@lemmy.worldEnglish · 11 months ago

Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170%

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boem@lemmy.world to World News@lemmy.worldEnglish · 11 months ago
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    11 months ago

    They did actually hijack 1 ship and have kept it and it’s crew hostage, the Galaxy Leader. While there have been misses and successful interceptions, several ships have been damaged.

    When you insure ships, you take notice of these kinds of things.

    https://en.m.wikipedia.org/wiki/Houthi_involvement_in_the_Israel–Hamas_war

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