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Free AccessHouthis Vow to Continue Shipping Attacks
Yemen’s Houthi rebels have vowed to continue targeting ships in the Red Sea despite the planned US-led naval task force to secure the area, according to Bloomberg.
- “We’re seeking to develop our military capabilities to overcome any obstacles and reach our targets,” Houthi leader Abdul Malik al-Houthi said Dec. 20, cited by Bloomberg. If the US attacks Yemen, “we will target it” by firing missile and drones at US battleships and other vessels, he added.
- Some have questioned the effectiveness of a naval task force, with shippers increasingly avoiding the area while details remain thin.
- “As long as don’t see the convoys that could protect our vessels, we will continue to avoid the area [Red Sea]”, Euronav CEO Alexander Saverys said.
- “If it’s only about escorting ships, it’s going to have very limited effectiveness, because you’re going to need to have a destroyer or frigate accompany every single ship going through in either direction, Riad Kahwaji, founder of INEGM told Bloomberg.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.