On October 7th Israel declared war on Hamas after the kidnapping of more than a hundred Israeli citizens. A war conflict, the crossed the borders of the Gaza Strip and that in addition to the hundreds of deaths, injuries and displacements it causes, it also has an impact on the population World economy.
About that 12% of maritime trade it goes through Mandeb Streetthat connects them Gulf of Aden with the Red Sea and this one with that Suez Canal. However, due to attacks on merchant ships by Iran-backed Houthi rebels in Yemen, many ships are damaged. forced to reroute their routes.
The last one to be attacked with a drone was a Ship flying the flag of the Marshall Islands and American property. According to the United States Central Command (CENTCOM), the incident occurred around 8:30 p.m. on Wednesday when an “unmanned aerial system” launched from Houthi-controlled areas hit the city Bulk carrier named “M/V Genco Picardie”.
Large companies that have abandoned this well-known path include Shell, BP, Evergreen, Euronav, Qatar Energy or Maersk, among many others. The ships must follow a Alternative route around the Cape of Good Hopein South Africa, which will cause prices to rise significantly again.
According to the Club of Spanish Exporters and Investors in a statement published on its website, this crisis is the Red Sea may affect 135,000 million euros of commercial exchange between Spain and Asian countries. From what they showed “your concern.”
“Depending on the origin of the ship, this This means the route will be extended by around 15 to 20 dayswhen a path from is expanded 18,000 kilometers to around 25,000, which represents a cost increase that can be in between 40% or 60% due to higher fuel consumption”they explained.
And although they rule out supply problems, they emphasize that this is “the problem.” It's not just an increase in transportation costs, but also the delay in deliveries”.
