Sana’a’s operations in support of Gaza inflict heavy financial losses for pro-occupation countries, including the US
A new report by the Supply Chain Vision platform states that the decision of the Yemeni forces in the Sana’a government to support Gaza has disrupted shipping routes, which has contributed to significantly increasing transit times for the container shipping sector.
Follow-ups – Al-Khabar Al-Yemeni:
The platform stated that since the beginning of the attacks launched by the Al-Houthis in Yemen in November, hundreds of ships from major transportation companies have changed their routes to avoid the region declared by Yemen as prohibited to companies supporting Israel.
The report also revealed an unprecedented decrease in traffic at the Suez Canal due to the decision of the Sana’a forces. The Suez Canal is one of the busiest maritime routes in the world.
According to an analysis by the platform, which monitored freight operations in May 2024, there was a significant 80% decrease in passages compared to May 2023, indicating that it is unlikely that the upcoming peak shipping season will see the return of companies using this route.
Transportation companies have adopted alternative routes around Africa or through the Panama Canal, leading to significant increases in transit times. Container transit times have been extended by an average of 10 to 14 days from China to Europe, Southeast Asia to Europe, and Southeast Asia to the East Coast of the US.
The Project44 platform stated in its report that these transit times represent the “new normal” as transportation companies continue to avoid the Red Sea, despite Sana’a forces announcing the expansion of their military operations.
The Project44 platform advised shipping companies to consider the additional transit days in their planning to ensure timely delivery of shipments during the peak retail season when demand is high.
The Yemeni decision has caused economic damage across the US and Europe, with total shipping times increasing by nearly two weeks.