Page 15 - ITLN January - February 2024 Issue for the Website
P. 15

US bombards Houthi strongholds,
        fresh attack in Red Sea
        U.S. forces conducted a strike against
        a Houthi radar site in Yemen on
        January 13 at 3:45 a.m. (Sana’a time).
        "This strike was conducted by the USS
        Carney (DDG 64) using Tomahawk
        Land Attack Missiles and was a
        follow-on action on a specific military
        target associated with strikes taken
        on January 12 designed to degrade
        the Houthis’ ability to attack maritime
        vessels, including commercial
        vessels," says the latest update from
        U.S. Central Command.
           Iranian-backed Houthi militants
        have attempted to attack and harass
        vessels in the Red Sea and the Gulf
        of Aden 28 times since November 19,   Command aircraft and Tomahawk   according to Philip Damas, Group
        2023, the update added.            Land Attack Missiles launched from   Managing Director and Head, Supply
           "These illegal incidents include   surface and subsurface platforms.”  Chain Advisors, Drewry.
        attacks that have employed anti-ship                                   "The next five weeks leading up
        ballistic missiles, unmanned aerial   Houthis will react - how/when/what   to the Chinese New Year (February
        vehicles, and cruise missiles."    is uncertain                      10, 2024) is going to be very difficult
           In the latest attacks, the UK   The Houthis are likely much more   for shippers and for shipping," says
        Maritime Trade Operations said on   capable militarily than many think,   Damas. "...but we at Drewry have
        X that a missile was fired towards a   according to Jason Miller, Professor,   grounds to believe that shipping has
        vessel approximately 90 NM South   Michigan State University - Eli Broad   more than enough capacity to do these
        East of Aden, Yemen on January 12,   College of Business.            diversions around Africa. Spot rates
        2024. "The Master reported a missile   "They have substantial stockpiles of   will decline after CNY."
        landing in the water 400-500 metres   long-range missiles, including many   From a shipper perspective, the
        away and being followed by three small   of Iran's best weapons. While Iranian   transit times will clearly increase with
        craft. The Master reported no injuries   weapon systems aren't as capable as   the round of Africa routing, says Alan
        or damage." Vessels have been advised   many Chinese or Russian systems, they   Murphy, CEO, Sea-Intelligence. "It will
        to transit with caution and report any   are still deadly. To date, the Houthis   be a bit more than a week longer from
        suspicious activity to UKMTO.      may not have been intending on sinking   Asia to North Europe, and up to two
           Earlier, on January 12, the     commercial vessels, just causing   weeks longer into the Mediterranean.
        U.S. Central Command forces, in    disruptions. Will this change following   Whilst this is certainly a serious
        coordination with the United Kingdom,   U.S. and U.K. military strikes?  problem for many shippers, we should
        and support from Australia, Canada,   "U.S. and U.K. strikes, while   keep in mind that these disruptions
        the Netherlands and Bahrain,       degrading Houthi military capability,   are no way near to the ones caused
        conducted joint strikes on Houthi   are but a fraction of what would be   during the pandemic.
        targets to degrade their capability to   needed in the event of a broader   "We would like to make it
        continue illegal and reckless attacks   conflict. As such, this isn't a matter   abundantly clear that the current
        on U.S. and international vessels and   that militarily could be solved in a few   capacity outlook is fraught with a high
        commercial shipping in the Red Sea.  weeks. We are talking months (plural)   degree of uncertainty, however, the
           Over 100 precision-guided       of strikes."                      present data shows that the shippers
        munitions of various types were used                                 could expect a capacity crunch for
        in the strikes, according to the update   Uncertainty looms          Asian exports in the coming weeks."
        from the U.S. Air Forces Central   More than 800 ships representing    On Asia-North Europe, the impact
        Commander Lt. Gen. Alex Grynkewich.   about 10 million TEUs, or      is quite visible due to a combination
        “These strikes consisted of coalition   approximately 1/3rd of the world’s   of some services being held back
        air and maritime strikes and support   container ship capacity, are affected   in departure from Asia in the short-
        assets from across the region,     by the Red Sea attacks and reroutings   term awaiting re-routing, and some
        including U.S. Naval Forces Central   around the Cape of Good Hope,   services clearly arriving late into Asia,
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        www.itln.in                                                                         January - February 2024
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