According to security experts and a senior executive, recent US and UK air strikes have effectively decreased the risk to vessels from attacks by Yemen’s Houthis in the Red Sea. Despite this positive development, there remains little hope for a swift return of many shipping companies to the Suez Canal.
The assessment comes amidst a slowdown in successful missile launches by the Houthis, who claim to target commercial ships in solidarity with Gaza’s Palestinians. Since January 26, the militant group has launched only four notable attacks on vessels, with most missiles failing to hit their targets.
The frequency of Houthi attacks has significantly decreased since US and UK forces initiated strikes on the group’s missile launch sites, as well as their aerial and sea drone capabilities, starting on January 11. This proactive response has contributed to a notable reduction in maritime threats in the region.
It’s worth noting that the Houthis, with backing from Iran, had previously launched numerous attacks between November and January, including the seizure of the Galaxy Leader in November and the initiation of a serious fire on the Marlin Luanda, a tanker operated by commodities trader Trafigura.
While the recent decline in Houthi attacks is a positive development, the ongoing geopolitical tensions and security concerns in the region continue to impact shipping routes and maritime operations. As such, the cautious approach of shipping companies regarding the Suez Canal reflects the lingering uncertainties despite the mitigated threat from Houthi attacks.
