Red Sea Drone Attacks Threaten Global Shipping Routes

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  • The recent drone attacks by Yemen-based Houthi rebels on commercial vessels in the Red Sea pose a significant threat to global shipping and supply chains, impacting around 12% of global trade passing through this vital maritime route Mention “The Hindu”. This escalation in attacks has prompted multinational security initiatives like Operation Prosperity Guardian and increased surveillance by nations like the United States and India to safeguard these critical shipping lanes.
  • The attacks have led to rerouting decisions by major shipping companies, potentially adding significant time, fuel, and operational costs, raising concerns about potential economic disruptions on a global scale.

Rising Threat

The recent surge in missile and drone attacks by Yemen-based Houthi rebels on commercial shipping in the Red Sea has raised concerns about global shipping security. The attacks, following Israel’s offensive against Hamas, have targeted merchant vessels, including the recent incident involving the Chem Pluto near Indian waters.

Nations, having dealt with past maritime threats like piracy, are employing measures to respond to these drone attacks. Rerouting vessels away from affected areas could impact industries, causing delays, increased costs, and potential disruptions to supply chains. This escalation poses significant challenges to global commerce and shipping security.

Targeted Strikes

The Chem Pluto, after the attack, reached Mumbai with its crew escorted by the Indian Coast Guard Ship Vikram. Initial analysis suggests a drone attack, but further forensic examination is needed to determine specifics.

Simultaneously, another vessel, m.v. Sai Baba, reported a drone attack in the Southern Red Sea and is en route to India. These attacks mark the 14th and 15th instances by Houthi militants on commercial shipping since mid-October, with additional attacks reported subsequently, according to the U.S. Central Command.

Global Disruption

The recent attacks by Houthi rebels in Yemen on maritime commerce, especially targeting the Red Sea, pose a significant threat globally. These assaults could disrupt supply chains, impacting economies worldwide, as the Red Sea serves as a crucial shipping route for about 12% of global trade and 30% of container shipping.

Consequently, major shipping companies are opting to reroute vessels, avoiding the Red Sea, which leads to increased costs, longer voyages, and disruptions in shipping schedules. This strategic shift affects revenue generation in the Suez Canal and alters operational dynamics in key ports like Djibouti and the Gulf of Aden.

Multinational Efforts

Multinational security initiatives like Operation Prosperity Guardian (OPS) have been established to safeguard commerce in the Red Sea following recent attacks.

Countries like India have bolstered naval presence, deploying ships, patrol aircraft, and establishing monitoring centers like the Information Fusion Centre for Indian Ocean Region (IFC-IOR) to counter threats. However, concerns persist about potential major attacks impacting lives and cargo, raising questions about response strategies. The looming crisis threatens global economies with delays and price surges due to regional tensions.

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Source: The Hindu