On December 18th, Yemeni Houthis once again attacked two ships in the Red Sea waters; on the 19th, a senior official of Yemeni Houthis said that the attacks on ships sailing in the Red Sea will not stop. In fact, as early as October this year, after the outbreak of the Israeli-Palestinian conflict, ships related to Israel has become the target of Houthi attacks, in addition to the Israeli merchant ships, Yemeni Houthi forces will also be aimed at the United States, and to the direction of Israel as well as the United States in the Middle East region of the United States warships repeatedly launched missiles and attack drones.


In order to avoid the risk of regional operations, since December 15, four of the world's five largest container shipping companies, namely, Mediterranean Shipping, Maersk, Duffy Lines, and Hapag-Lloyd shipping giant companies have announced the suspension of the Red Sea voyage, part of the shipping company has notified the stopping of cargo receiving and booking of new cabin. According to other sources, COSCO Shipping, Orient Overseas and Evergreen Marine have also verbally notified the suspension of cargo pick-up on the Red Sea route.

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This focus refers to the Strait of Bab-el-Mandeb, located in the important shipping lanes connecting Asia and Europe - the Red Sea waters and the Suez Canal must pass through the key nodes, for the connection of Asia, Africa, Europe and the three continents of the traffic, is one of the world's busiest shipping routes, according to the volume of trade, the world's about 12% of the volume of international trade through this.


The Red Sea is also one of the world's most important oil and liquefied natural gas transportation routes. on December 18, the world's largest oil company, British Petroleum, announced that due to the deteriorating security situation in the Red Sea, the company will suspend all oil transportation through the Red Sea. And before that, there have been a number of oil companies and shipping companies announced the suspension of transportation and navigation through the Red Sea, including Germany, Norway, Belgium and other countries well-known enterprises. Due to the deterioration of the security situation of the Red Sea shipping, through the Suez Canal, a major shipping lane of the global liquefied natural gas trade has been affected, the 18th European natural gas prices should rise, the Netherlands TTF natural gas futures prices rose more than 5%, at 34.875 euros / MWh, the ICE British natural gas prices rose by more than 8%.


With many shipping giants have bypassed the Cape of Good Hope at the southern tip of Africa, sailing routes increased by 40%, sailing time increased by 6 to 14 days, the cost of transportation jumped 30%, directly leading to a number of shipping companies were "forced" to raise freight rates, early next January a number of European routes as well as Mediterranean routes have doubled the offer, the Far East to Israel related routes Freight even rose to 6,000 U.S. dollars / FEU, while in the first half of December freight is only more than 1,000 U.S. dollars / FEU, the second half of the month (starting) is only more than 2,000 U.S. dollars / FEU.

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Some studies have shown that international trade logistics costs increase by 10% each, the trade flow will fall by 20%, the Red Sea crisis will seriously affect the global industrial chain, the supply chain security and normal operation, the producers of transportation costs increase, profit decline, the consumer can only accept the commodity price increases, which further suppressed the global market demand for consumption, the world's economic development and trade exchanges have a negative impact on the negative impact. Sue Tepilovsky, a shipping expert at the Royal Institute of Logistics and Transportation, pointed out that the suspension of the Red Sea route will have a serious impact on the level of commodity inventories, costs and the overall dynamics of the supply chain, and that the increased cost of crewing, fuel and insurance may be passed on to consumers. Germany's Tesla News website reported on the 17th that, in light of the heightened tensions in the Red Sea, Tesla's sea transportation of electric cars from China to Europe has opted for an alternative route, a detour around the Cape of Good Hope.


Some industry experts said that with the lengthening of the route, the transportation cost of electric cars will increase by about 20%. Moreover, the Red Sea and even the wider region has been recognized by the Joint War Risks Committee, a well-known international institution, as the scope of the most dangerous waters, which means that the premiums to be paid by ships passing through the waters will also rise, which is bound to further push up the cost of international transportation.