All posts tagged: Gulf of Aden

More than half of UK exporters hit by Red Sea shipping disruption, survey shows

More than half of UK exporters hit by Red Sea shipping disruption, survey shows

Most British exporters and manufacturers have felt an impact from disruption in the Red Sea caused by attacks on shipping by Yemen’s Iran-aligned Houthi rebels, according to a survey. Issued on: 25/02/2024 – 23:55 1 min The British Chambers of Commerce said 55% of exporters reported disruption, as did 53% of manufacturers and business-to-consumer services firms, a category that includes retailers and wholesalers. Across all businesses, 37% reported an impact. “There has been spare capacity in the shipping freight industry to respond to the difficulties, which has bought us some time,” the BCC’s head of trade policy, William Bain, said. “But our research suggests that the longer the current situation persists, the more likely it is that the cost pressures will start to build,” he added. Some businesses reported container hire costs had quadrupled, while others faced delivery delays of three to four weeks, as well as cashflow difficulties and shortages of parts. The Bank of England has highlighted the Red Sea disruption as one of the main upside risks to inflation this year, although to date …

US Reinstates Sanctions on Yemen’s Houthi Rebels, Effective Friday

US Reinstates Sanctions on Yemen’s Houthi Rebels, Effective Friday

state department —  The United States has reinstated sanctions on Yemen’s Houthi rebels effective Friday, following their continued attacks in the Red Sea and Gulf of Aden, endangering maritime security. The Houthis were first designated as a terror group three years ago and subsequently delisted due to humanitarian concerns. The relisting follows repeated demands from the U.S. and other countries for the Houthis to stop firing on commercial shipping. Those demands have been ignored, and attacks have continued despite a series of airstrikes by the U.S. and Britain aimed at taking out radar systems and launch sites used in the attacks. Earlier on Friday, a missile was launched from Yemen, hitting the port side of the India-bound Panamanian-flagged M/T Pollux, which was transporting crude oil. The extent of the damage is presently unclear, but the M/T Pollux is continuing its journey south under its own power. Houthi leaders have declared that the group will persist in its attacks in solidarity with the Palestinians, as long as Israel continues what the group termed its crimes against …

US launches fourth round of strikes on Houthi targets in Yemen

US launches fourth round of strikes on Houthi targets in Yemen

American forces targeted 14 missiles that were ready to launch in Yemen, the US military said Wednesday, after Washington re-designated the Iran-backed Houthi rebels as a “terrorist” entity for their attacks on merchant vessels. Issued on: 18/01/2024 – 04:32Modified: 18/01/2024 – 11:55 3 min The Houthis — who have already faced multiple rounds of air strikes in response to their targeting of international shipping — struck a US-owned bulk cargo carrier in the wake of the designation announcement, and vowed to continue attacks they say are in support of Palestinians in Gaza. US forces “conducted strikes on 14 Iran-backed Houthi missiles that were loaded to be fired in Houthi-controlled areas in Yemen,” Central Command (CENTCOM) said in a statement. “These missiles on launch rails presented an imminent threat to merchant vessels and US Navy ships in the region and could have been fired at any time, prompting US forces to exercise their inherent right and obligation to defend themselves,” CENTCOM said. Earlier on Wednesday, the United States announced that it would return the Houthis to …

U.S. in new strikes against Houthi targets in Yemen

U.S. in new strikes against Houthi targets in Yemen

This handout screen grab captured from a video shows Yemen’s Houthi fighters’ takeover of the Galaxy Leader Cargo in the Red Sea coast off Hudaydah, on November 20, 2023 in the Red Sea, Yemen. Handout | Getty Images News | Getty Images The U.S. military said on Wednesday that its forces conducted strikes on 14 Houthi missiles that were loaded to be fired from Yemen. U.S. Central Command said in a statement posted on the social media platform X that the Houthi missiles presented an imminent threat to merchant vessels and U.S. Navy ships in the region. “These missiles on launch rails presented an imminent threat to merchant vessels and U.S. Navy ships in the region and could have been fired at any time, prompting U.S. forces to exercise their inherent right and obligation to defend themselves,” Central Command said. “These strikes, along with other actions we have taken, will degrade the Houthi’s capabilities to continue their reckless attacks on international and commercial shipping in the Red Sea, the Bab-el-Mandeb Strait, and the Gulf of Aden,” the statement said. Attacks by the Iran-allied Houthi militia on ships in the region …

US and UK strike Houthi targets in Yemen after weeks of Red Sea attacks

US and UK strike Houthi targets in Yemen after weeks of Red Sea attacks

President Joe Biden said Thursday that US and British forces had launched air strikes against Iran-backed Houthi rebels in Yemen in “defensive action” after attacks on shipping in the Red Sea. Issued on: 12/01/2024 – 01:13 3 min In a statement, Biden  said he “will not hesitate” to order further military action if needed. Air strikes hit a number of cities in Yemen, where the Houthis control a swathe of territory, a Houthi source and witnesses said. The strikes involved fighter jets and Tomahawk missiles, several US media said. US officials did not immediately confirm the reports when contacted by AFP. “Today, at my direction, US military forces — together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands — successfully conducted strikes against a number of targets in Yemen used by Houthi rebels to endanger freedom of navigation in one of the world’s most vital waterways,” Biden said, using an alternate spelling of Houthi.  He called the strikes a “direct response” to “unprecedented” attacks by the Houthis, “including the …

Somalia recalls envoy to Ethiopia over ‘null and void’ Somaliland port deal

Somalia recalls envoy to Ethiopia over ‘null and void’ Somaliland port deal

Somalia said Tuesday it was recalling its ambassador to Ethiopia, declaring that a controversial port deal Addas Ababa signed with the breakaway region of Somaliland was a violation of its sovereignty. Issued on: 02/01/2024 – 11:02 1 min Prime Minister Hamza Abdi Barre also vowed that Somalia would defend its territory by “all legal means possible” following Monday’s agreement that gives landlocked Ethiopia long sought-after access to the Red Sea. The government said it was appealing to international bodies including the United Nations and the African Union to stand with Somalia. “Somaliland is part of Somalia under the Somali constitution so Somalia finds this step to be a clear violation against its sovereignty and unity,” the Somali cabinet said in a statement. It said the memorandum of understanding signed in Addis Ababa on Monday was “null and void with no legal basis and Somalia will not accept it”. “In response to this, the Somali government has recalled its ambassador in Ethiopia for consultation.” The agreement signed by Ethiopia with Somaliland today is a serious concern …