Does Joe even know?
Does Joe even remember?
Since Hamas attacked Israel on Oct. 7, Iran-backed Houthi rebels have lobbed missiles, drones and other weapons at commercial vessels and warships nearly every day. Although most of the weapons have been shot down, at least 77 cargo ships have been hit, and one British-owned ship carrying 20,000 tons of fertilizer aboard was sunk. ...
The Biden administration has limited its military response to the Houthi attacks, hoping to avoid being drawn into a wider Middle East conflict.
More.
As we write the coal-carrier MV Tutor has been hit and abandoned in the Red Sea with one crew member believed to be drowned after being trapped in the flooded engine room.
The U.S. State Department on Wednesday designated the Iranian-backed, Yemen-based Houthi rebels as specially designated global terrorists, or SDGTs, in an effort to deter further attacks against commercial ships crossing the Red Sea. ...
The State Department under President Joe Biden revoked the Houthis’ designation as a foreign terrorist organization, or FTO, in Feb. 2021, just a month after it issued the label under former President Donald Trump.
The reversal came in response to calls from the United Nations and humanitarian groups who said that the terrorist classification and its associated sanctions were “accelerating Yemen’s slide into large-scale famine.”
Three years later, after months of Red Sea attacks, the Houthis have regained their spot on a U.S. terrorist list.
More.
It's going to be a long hot summer in Washington DC if this is what Joe Biden's going to allow in the dead of winter.
No one was arrested for this destruction, just as no one was arrested last time for damage done to the White House gate.
Delaying his response to the Houthis for months of their Red Sea attacks until last week only encouraged them to keep it up. Joe Biden's doing the same with these malcontents.
Meanwhile Joe Biden continues to hunt down leisurely non-violent Jan 6ers and put them in the slammer.
November 2023:
January 2024:
From the story:
Uncertainty remains despite a U.S.-led military effort to curb the attacks. Maersk had resumed the Suez route, but suspended it again in recent days after one of its ships was targeted by missiles and small boats.
Asia-Europe is Maersk’s biggest trade lane, and freight rates on the route have roughly tripled from their early December levels, the Goldman Sachs analysts said, while “the impact on annual contract rates is likely to be positive, albeit dependent on how the security situation evolves.”
Maersk’s other major routes are seeing “positive second-order effects from the Suez disruption.” Global trade is also being stymied by drought in the Panama Canal.
However, analysts do not currently foresee the same level of global supply chain disruption and capacity constraint as experienced during the Covid-19 pandemic, which triggered a huge spike in freight rates and record profits for companies including Maersk.
From the story here:
The events surrounding the Maersk Hangzhou represented the 23rd illegal attack by the Houthis on international shipping since Nov. 19, the Central Command said. It was the first time the U.S. Navy said its personnel had killed Houthi fighters since the Red Sea attacks started. ...
Since the Pentagon announced Operation Prosperity Guardian to counter the attacks just over 10 days ago, 1,200 merchant ships have traveled through the Red Sea region, and none had been hit by drone or missile strikes, Vice Adm. Brad Cooper told The Associated Press in an interview on Saturday.
US NAVY SINKS 3 HOUTHI BOATS
DEFENDS RED SEA MERCHANT SHIP :
The U.S. does not seek to escalate the conflict, National Security Council spokesperson John Kirby said on "Good Morning America" on Sunday.
"We don't seek a conflict wider in the region and we're not looking for a conflict with the Houthis," Kirby told ABC News' Whit Johnson. "The best outcome here would be for the Houthis to stop these attacks as we have made clear over and over again."
CNBC reports here:
The ceiling in ocean freight prices shot up in a matter of hours on Thursday as a result of more vessels diverting from the Red Sea. CNBC has learned that logistics managers were quoted this morning an ocean freight rate of $10,000 per 40-foot container from Shanghai to the U.K. Last week, rates were $1,900 for a 20-foot container, to $2,400 for a 40-foot container. Truck rates in the Middle East now being quoted are more than double. ... As of Thursday morning, 158 vessels are currently re-routing away from the Rea Sea carrying over 2.1 million cargo containers, Kuehne + Nagel tells CNBC. The value of this cargo based on MDS Transmodal estimates of $50,000 per container is $105 billion.
Maersk said that, after monitoring the situation since suspending the routes on Friday, it had decided all vessels currently on hold and previously scheduled to travel via the Red Sea would take the Cape of Good Hope.
The vessels will continue on diverted routes “as soon as operationally feasible,” the company added. As of Monday, Maersk said it had around 20 vessels stopped en route, around half of which are east of the Gulf of Aden. The remainder are located south of the Suez Canal in the Red Sea, or north of it in the Mediterranean Sea.
More.
MSC, the world’s largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM III, was attacked Friday while transiting the Red Sea under a subcharter to Messina Line. ...
In response to Friday’s attacks, in which three vessels were attacked, the World Shipping Council said it is deeply alarmed and concerned about the escalating crisis, and that it’s calling for decisive action to protect seafarers.
“The right of freedom of navigation stands as a fundamental right under international law, and must be safeguarded,” the council said. “The time for resolute international engagement is now.”
The U.S. government has been in discussions with countries of the 39-member Combined Maritime Forces to form a maritime task force to “ensure safe passage” of ships in the Red Sea.
U.S. Central Command, which oversees America’s military interests in the Middle East, has told CNBC discussions are ongoing.