Experts say that unless Moscow and Beijing ensure prior intimation to the Yemeni group about ownership of vessels, the threat of attacks will persist.
More than 70 merchant ships passing through the Red Sea received some kind of Houthi threat from November 2023 to mid-March 2024. Photo: AFP
With the Suez Canal in the north and the Bab el Mandeb Strait in the south, it cuts the distance between Asia and Europe by half. Ships move between the two continents without having to circumnavigate the entire African continent, thus saving fuel and time. The Red Sea route has been critical for Chinese merchandise exports to Europe. Analysts believe the trade corridor has gained more significance for Russia recently as Western sanctions have redirected its oil supplies towards buyers in Asia.
“The Houthis mainly focus on the ownership of the vessel itself rather than the cargoes and appear to be relying on data that often does not incorporate recent changes of ownership,” says Bronze. In contrast, the seven-day moving average of daily transit calls at Cape of Good Hope, located at the southern tip of Africa, has gone up more than 61 percent to 79 ships from 49 a year ago.
According to Joze Pelayo, associate director at the Atlantic Council’s Scowcroft Middle East Security Initiative, both China and Russia value their relationships with some Gulf Arab countries, which have an adverse relationship with the Houthis.
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