Financial Ports

Red Sea shipping revival: 2m TEU at risk as Houthi grip tightens

CLAVE 1 / 4More than one-quarter of Asia-Europe container capacity now transits the Red Sea in September, up from near-zero earlier this year.

CLAVE 2 / 4Houthi forces have seized a strategic port and island on the Bab el-Mandeb Strait, consolidating control over a critical maritime chokepoint.

CLAVE 3 / 4Asia-Mediterranean spot rates have plunged 12% in a week to $4,200 per FEU as carriers return to the Suez route.

CLAVE 4 / 4Oil and bunker fuel prices climb back toward May levels, raising fears of a fuel-market crisis if disruptions escalate.

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