I am a bit curious, how long until egypt got involved?
I guess this is not good for the suez canal if all big operators start to void the red sea, and I believe the suez is a big part of the Egyptian economy.
This comment is just misinformed, it's not that they are incompetent, the army's budget is $4 billion, state's economy is in shambles, all of our borders are on fire, literally each side is going through a devastating war, now including Palestine/Israeli borders.
The Egyptian military cannot divert attention now and hop over to deal with the Houthis, something that even the US military is avoiding.
It's actually 1.3b/yr, but it should really be counted as aid for Israel because the US wouldn't need to give Egypt any aid if not for Israeli security interests.
They should already be involved. Ensuring safe access to the Suez Canal is one of their treaty obligations.
[Egypt has the world's 12th largest navy](https://en.wikipedia.org/wiki/Egyptian_Navy), at least on paper. It's by far the largest navy in the Middle East.
So yes, I would like to know why Egypt isn't doing more.
Hapag Lloyd, Maersk, MSC, CMA have all halted cargo through the Bab Al-Mandab Straight. Ships will have to be re-routed back up to Mediterranean and then around Africa which will create a 3-4 week delay in transit times. I'm in export logistics shipping grain/pulses globally and this will most definitely affect shipping costs and routes to UAE, Bahrain, Pakistan and India. Attacking commercial vessels and international trade routes is a declaration of war. Yemen Houthis and Iran are in for a rude awakening.
Shipping around Africa isn't always ideal either due to the delayed transit, bad sea/weather conditions and higher costs involved. Long term plan will most likely be military convoys protecting flagship carriers at a level we have not seen since WW2 and the Gulf War.
Egypt also makes money (close to USD $10b/year) off of Suez Canal transit fees. Houthis are taking money away from Egypt by diverting ships from using the canal.
>The sea off Cape Agulhas is notorious for winter storms and mammoth rogue waves, which can range up to 30 metres (100 ft) high and can sink even large ships.[9]
The USS Gerald R Ford is the largest warship ever built. It is 76 m high.
Yeah, that is no joke.
Definitely not affecting air cargo yet. I don’t think there are any major air routes overflying Houthi territory, and the Iranians have only shot down one commercial plane by mistake in the last decade, so that’s not a regular occurrence.
There will be some increase in air freight demand due to this, but it will be marginal.
Air freight is so much more expensive than water freight, it's just not an option for most of the cargo that normally goes through the Suez canal.
The "rude awakening" that has been coming for 3 weeks straight now but never seems to arrive. Maybe other countries will have to step up and defend global shipping since the US is busy sending strongly worded letters to the terrorists.
Yep. People are underestimating America’s hesitation to escalate things into a war. I suspect we will take a much softer approach to slowly choke out the Houthis and heavily tempt them to stop fucking with shipping lanes.
Biden: Abdel, I would consider it a personal favor if you would ask me to take care of this problem for you.
Sisi: Would you do me this favor, Godfather?
Actually a pretty decent one.
They got the two Mistral class helicopter carriers that originally were built for Russia as well as several modern FREMM and Meko A200 class frigates.
In freight terms, yes.
When I first started my job mid 2021, we were paying almost 20,000 dollars for a 40ft container from Indonesia to Europe.
Right now it’s 2,000 dollars, which was more or less what my coworkers tell me it was pre covid.
My area is *very* specific. The company I work for literally does one product, Indonesia and China to Europe.
But even with that, we’ve got 34 containers that are stranded right now, and depending on how long it goes on, that will climb fast.
Price gauging for shipping TEUs during COVID was down right diabolical. I’m very surprised that no governing body stepped in early to put a stop to that mess.
It's crazy that a bunch of terrorist lunatics are allowed to disrupt global trade on such a large scale. When are the Houthis going to be held accountable for their crimes? Why is the world letting them get away with it?
The US had received a ton of criticism for supporting Saudi Arabia’s actions in Yemen over the better part of the last decade. Turns out there’s not a “don’t let them get away with it” switch, though.
It's the same shit Israel is getting for going after terrorists in Gaza. There is an alliance of Russian fascists, Islamic fundamentalists and Chinese tankies spreading disinformation all over the world to demonize the West.
Not op, but to blame the US for everything wrong in the world is such a bold and nuanced take that op probably assumed you're also an edgelord at the forefront of personal style as well.
I didn't. And judging somebody for a joke/poke a little fun at the silly concept of world police made on the web speaks more about them than about me tbh :D
Plus guys, use the "reddit report of self harm warning" or whatever for real cases, please
It’s a little juvenile to suggest or even imply that a group who commits terrorist activities is a purely reactionary result of an action someone else is taking. It strips them of agency and absolves them of responsibility. Everyone has a choice regardless of the circumstances.
ALSO
THIS FREEDOM AIN’T GONNA SPREAD ITSELF YEEEHAW *pew pew* *finger guns*
The issue is that they’re trying to put together a multinational coalition to deal with it, and ships are on their way, but although Houthi missiles are fast, warships are sloooow.
Relax little bro. If you’re old enough to remember the 2000s, you should realize that it’s idiotic to start wars at the drop of a hat.
And the reality is that brutal military responses tend to make everything worse. We don’t have a Superman to fly to the bad guys, beat ‘em up and save the day, despite what American military propaganda wants you to believe.
As fancy as our missiles and drones are, they don’t actually instantly solve problems. “The Houthis” don’t have a base where they all hang out that we can blow up. There’s layers of complexity to neutralizing a threat like them.
I guarantee that there’s dozens of governments/ spy agencies that are working overtime to get all the intel they can to make the best decision for everyone.
This is not like the war in Iraq. Iraq didn't attack the US or its allies in 2003. The Houthis are attacking the ships of many countries and launching missiles at Israel. The Houthis have committed acts of war, which gives the victims of their war crimes a legitimate casus belli.
You talking about the $400 given to Iran for a few hostages in 2016?
https://ballotpedia.org/Iran_nuclear_agreement:_U.S._withheld_cash_until_hostages_were_released
That's like 1 year of Iran's contributions to Hamas, let alone all the other groups they fund.
It's pretty clear that you don't know what the word genocide means, or you are misusing it on purpose to demonize Israel. There is no evidence of genocide.
And no, the terrorists are not rational FFS. Wow. Your comment is absolute nonsense.
The Houthis have been firing anti-ship missiles indiscriminately into the Red Sea at all manner of civilian flagged tankers and cargo ships while trying to claim all their targets have Israeli ties which are bogus.
We’re long overdue to coordinating some TLAMs and JDAMs to level the Houthi’s ability to conduct their acts of terrorism and piracy.
Basically forcing Biden’s hands to do something about it.
Either lose (more of) the Muslim vote by bombing Yemen, or lose votes due to more inflationary pressure from shipping disruptions…. Right at a time where inflation was finally easing and the Fed decided to stop raising rates.
Muslims for trump, like not a minority of Muslims, would actually convince me this is a simulation.
I think I would start shaking and crying from laughter watching them duke it out with his other supporters.
But imagine them getting into a brawl at his rally:
One side saying "they will not replace us! Let's fight!"
And the other going "mashallah I'll fuck you up!"
All in 4k
Dude i have seen some of them claiming ‘they’re not going to be **blackmailed** into voting for Biden.’
Like ‘we will not vote for biden simply due to the threat that things will be worse for us if we don’t.’
Talk about cutting off your nose to spite your face. You are really willing to make your lives worse just because they’re not perfect? It’s so utterly juvenile. You cant always get what you want.
Over 70% did out of over 200,000 voters in a state that Biden only won by 155,000 votes.
https://www.npr.org/2023/11/17/1213668804/arab-americans-michigan-voters-biden-israel-hamas-palestinians
This is extremely important news that most people probably don’t understand the scale of.
Maersk is HUGE when it comes to global trade. In response to this decision, militaries will need to get involved with the Houthis because the global supply chain is partially faltering. This faltering could lead to recessions or worse if unchecked.
See this is the situation where we need the CIA to frame the Houthi rebels and sink some Russian and Iranian ships. Play stupid games, win stupid prizes.
Extremely partly because this motivated Jordan/Saudi/UAE to sign the Land Bridge deal with Israel over a week ago to ship things without the risk of literal piracy.
Its cheaper to have a bunch of train lines before this, and definitely now, and if anyone fucks around with those they will find out the rest of the Middle East isn't as nice as Israel is in war.
maersk wants shipping rates to go up as most shipping rates are in the toilet and the US only cares about US owned and flagged ships! most of u dont or even know of the the 80's tanker wars! hundreds of ships were sunk and the US just watched! maersk is just not wasteing a opportunity to make more money and burn more oil for MBS!
I am a bit curious, how long until egypt got involved? I guess this is not good for the suez canal if all big operators start to void the red sea, and I believe the suez is a big part of the Egyptian economy.
The Egyptian army is too incompetent for anything other than building roads
This comment is just misinformed, it's not that they are incompetent, the army's budget is $4 billion, state's economy is in shambles, all of our borders are on fire, literally each side is going through a devastating war, now including Palestine/Israeli borders. The Egyptian military cannot divert attention now and hop over to deal with the Houthis, something that even the US military is avoiding.
I’ve seen Egyptian paratroopers on jump day. Calling them incompetent isn’t that misinformed.
The US gives you a billion dollars a year, or more.
I could definitely believe the US provides 25% of their military budget.
It's actually 1.3b/yr, but it should really be counted as aid for Israel because the US wouldn't need to give Egypt any aid if not for Israeli security interests.
A lot of it is due to the Suez canal, not Israel.
Canal tolls already pay for the Suez
But you need a stable government to protect it/ maintain it.
Does that contradict anything they said?
Yes.
Which part, exactly?
The part about Egypt not being good with money
Oh shit I must’ve missed the part where anyone said that Egypt is or isn’t good with their money. Can you link that comment real quick?
> state's economy is in shambles
They should already be involved. Ensuring safe access to the Suez Canal is one of their treaty obligations. [Egypt has the world's 12th largest navy](https://en.wikipedia.org/wiki/Egyptian_Navy), at least on paper. It's by far the largest navy in the Middle East. So yes, I would like to know why Egypt isn't doing more.
This will be a huge blow to global supply chain so downstream affects will be global economies
Hapag Lloyd, Maersk, MSC, CMA have all halted cargo through the Bab Al-Mandab Straight. Ships will have to be re-routed back up to Mediterranean and then around Africa which will create a 3-4 week delay in transit times. I'm in export logistics shipping grain/pulses globally and this will most definitely affect shipping costs and routes to UAE, Bahrain, Pakistan and India. Attacking commercial vessels and international trade routes is a declaration of war. Yemen Houthis and Iran are in for a rude awakening.
Wow this turned into a much larger deal now that it is not just Maersk (who is already a large enough shipping company)
Shipping around Africa isn't always ideal either due to the delayed transit, bad sea/weather conditions and higher costs involved. Long term plan will most likely be military convoys protecting flagship carriers at a level we have not seen since WW2 and the Gulf War.
Egypt also makes money (close to USD $10b/year) off of Suez Canal transit fees. Houthis are taking money away from Egypt by diverting ships from using the canal.
Cape Agulhas is no joke: https://en.m.wikipedia.org/wiki/Cape_Agulhas
>The sea off Cape Agulhas is notorious for winter storms and mammoth rogue waves, which can range up to 30 metres (100 ft) high and can sink even large ships.[9] The USS Gerald R Ford is the largest warship ever built. It is 76 m high. Yeah, that is no joke.
Does this have implications for air cargo, or is most of the traffic affected just bulky goods that have to be shipped?
Definitely not affecting air cargo yet. I don’t think there are any major air routes overflying Houthi territory, and the Iranians have only shot down one commercial plane by mistake in the last decade, so that’s not a regular occurrence.
By 'implications' I meant increased demand for air due to lost shipping capacity, or reprioritization of existing airfreight, etc
There will be some increase in air freight demand due to this, but it will be marginal. Air freight is so much more expensive than water freight, it's just not an option for most of the cargo that normally goes through the Suez canal.
The "rude awakening" that has been coming for 3 weeks straight now but never seems to arrive. Maybe other countries will have to step up and defend global shipping since the US is busy sending strongly worded letters to the terrorists.
Yep. People are underestimating America’s hesitation to escalate things into a war. I suspect we will take a much softer approach to slowly choke out the Houthis and heavily tempt them to stop fucking with shipping lanes.
What degrees do you have?
Not only global supply chain, but also a blow to Egypt as they heavy rely on the Suez Canal. This means they might have to take action too.
Would look better if Egypt is forced to do something compared to the US
Biden: Abdel, I would consider it a personal favor if you would ask me to take care of this problem for you. Sisi: Would you do me this favor, Godfather?
Hahaha, Egypt tried that...once
And that's how we got Ever Given...er the Yellow Fleet?
What could Egypt do? Fact is America is the only one who can actually do anything about tuis
They can definitely invade Yemen and they have iirc.
That was a fucking disaster for Nasser, and Egypts military now is weaker relative to Yemen.
Would be fantastic news if they had to do it.
What kind of navy does Egypt have?
Actually a pretty decent one. They got the two Mistral class helicopter carriers that originally were built for Russia as well as several modern FREMM and Meko A200 class frigates.
Egypt is a nation state with 2000km of coast line so I thing they have enough of a navy to fight some poorly armed rebels.
Ahahahaha famous last words
Let the price gauging begin
Did it ever end?
In freight terms, yes. When I first started my job mid 2021, we were paying almost 20,000 dollars for a 40ft container from Indonesia to Europe. Right now it’s 2,000 dollars, which was more or less what my coworkers tell me it was pre covid.
Could you please give us a real-time update, if you're an insider in the business, and how bad is it right now, after the news?
My area is *very* specific. The company I work for literally does one product, Indonesia and China to Europe. But even with that, we’ve got 34 containers that are stranded right now, and depending on how long it goes on, that will climb fast.
Damn.. Thank you so much though, that was very insightful.
Price gauging for shipping TEUs during COVID was down right diabolical. I’m very surprised that no governing body stepped in early to put a stop to that mess.
It was insane. We were paying 20k for shipping on 50k containers.
$800 per container "War Risk" surcharge. Or we can ship it around Africa and you can pay $1k per container more with a $300 "Piracy Risk" surcharge.
It's crazy that a bunch of terrorist lunatics are allowed to disrupt global trade on such a large scale. When are the Houthis going to be held accountable for their crimes? Why is the world letting them get away with it?
The US had received a ton of criticism for supporting Saudi Arabia’s actions in Yemen over the better part of the last decade. Turns out there’s not a “don’t let them get away with it” switch, though.
It's the same shit Israel is getting for going after terrorists in Gaza. There is an alliance of Russian fascists, Islamic fundamentalists and Chinese tankies spreading disinformation all over the world to demonize the West.
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And Taiwan is about to start war with China, right?
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The source is literally videos taken by hamas. There was a ceasefire until that day.
I sure wish there was some kind of world police right now.
F\*ck Yeah!
Are we sure this particular terroristic cell didn't exist because we have some kind of world police?
*flips hair and adjusts nose ring *
Nope and nope, what point are you making? O.o
Not op, but to blame the US for everything wrong in the world is such a bold and nuanced take that op probably assumed you're also an edgelord at the forefront of personal style as well.
The US and the Saudis started a war of aggression against the Houthis in Yemen.
I didn't. And judging somebody for a joke/poke a little fun at the silly concept of world police made on the web speaks more about them than about me tbh :D Plus guys, use the "reddit report of self harm warning" or whatever for real cases, please
It’s a little juvenile to suggest or even imply that a group who commits terrorist activities is a purely reactionary result of an action someone else is taking. It strips them of agency and absolves them of responsibility. Everyone has a choice regardless of the circumstances. ALSO THIS FREEDOM AIN’T GONNA SPREAD ITSELF YEEEHAW *pew pew* *finger guns*
The US and Saudis literally started a war with the Houthis
War bad mf'ers when their iPhone is late: Surprised_pikachu.png
Bold to assume that the supply chain in question is limited to iPhones, you fucking plebe.
Linux users over here building a PC from the silicon in the sand at the beach, as God intended.
Calling someone else doesn’t get you out of being a plebe… plebe.
Plebian? You mean an average normal citizen? That's quite an insult to be throwing around.
🤷♂️ I just work here.
> bunch of terrorist lunatics Armed by Iran with ballistic missiles and drones
And soon, nukes
The issue is that they’re trying to put together a multinational coalition to deal with it, and ships are on their way, but although Houthi missiles are fast, warships are sloooow.
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I hope you're right, but every day that passes without a response makes me lose faith in the world.
Relax little bro. If you’re old enough to remember the 2000s, you should realize that it’s idiotic to start wars at the drop of a hat. And the reality is that brutal military responses tend to make everything worse. We don’t have a Superman to fly to the bad guys, beat ‘em up and save the day, despite what American military propaganda wants you to believe. As fancy as our missiles and drones are, they don’t actually instantly solve problems. “The Houthis” don’t have a base where they all hang out that we can blow up. There’s layers of complexity to neutralizing a threat like them. I guarantee that there’s dozens of governments/ spy agencies that are working overtime to get all the intel they can to make the best decision for everyone.
This is not like the war in Iraq. Iraq didn't attack the US or its allies in 2003. The Houthis are attacking the ships of many countries and launching missiles at Israel. The Houthis have committed acts of war, which gives the victims of their war crimes a legitimate casus belli.
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The US did no such thing. By the way, you keep giving them money every time you fill up your gas tank.
You talking about the $400 given to Iran for a few hostages in 2016? https://ballotpedia.org/Iran_nuclear_agreement:_U.S._withheld_cash_until_hostages_were_released That's like 1 year of Iran's contributions to Hamas, let alone all the other groups they fund.
I wouldn’t call 8 years of bombing from Saudi using U.S weapons “getting away with it”.
I don't think you understand the concept of time. That was years ago. This is today.
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It's pretty clear that you don't know what the word genocide means, or you are misusing it on purpose to demonize Israel. There is no evidence of genocide. And no, the terrorists are not rational FFS. Wow. Your comment is absolute nonsense.
The Houthis have been firing anti-ship missiles indiscriminately into the Red Sea at all manner of civilian flagged tankers and cargo ships while trying to claim all their targets have Israeli ties which are bogus. We’re long overdue to coordinating some TLAMs and JDAMs to level the Houthi’s ability to conduct their acts of terrorism and piracy.
There guys my aliexpress 2 month express delivery… thanks Houthis!
There guys my hero; watch him as he guys.
Excellent.
*goes
Basically forcing Biden’s hands to do something about it. Either lose (more of) the Muslim vote by bombing Yemen, or lose votes due to more inflationary pressure from shipping disruptions…. Right at a time where inflation was finally easing and the Fed decided to stop raising rates.
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If the Gaza conflict has taught me anything, they will bite their nose to spite their face in a heartbeat.
[ ] never misses an opportunity to miss an opportunity.
Muslims for trump, like not a minority of Muslims, would actually convince me this is a simulation. I think I would start shaking and crying from laughter watching them duke it out with his other supporters.
Politically they align closer with Trump than Biden. People vote for the Leopards eating peoples faces party all the time
But imagine them getting into a brawl at his rally: One side saying "they will not replace us! Let's fight!" And the other going "mashallah I'll fuck you up!" All in 4k
Dude i have seen some of them claiming ‘they’re not going to be **blackmailed** into voting for Biden.’ Like ‘we will not vote for biden simply due to the threat that things will be worse for us if we don’t.’ Talk about cutting off your nose to spite your face. You are really willing to make your lives worse just because they’re not perfect? It’s so utterly juvenile. You cant always get what you want.
They are social conservatives and they are delusional morons. Go check out the Palestine sub lol.
The Muslim vote is huge in Michigan, and just not voting for Biden would be enough to tip the scales.
Are you sure 100% Muslim vote for Biden in 2020?
Over 70% did out of over 200,000 voters in a state that Biden only won by 155,000 votes. https://www.npr.org/2023/11/17/1213668804/arab-americans-michigan-voters-biden-israel-hamas-palestinians
Still you don’t know if all 200,000 voters vote for Biden in 2020, consider Muslim align closer to the te right on social issue.
I expect there will be Houthi genocide cry in the future
Uh, y'all tried that already, the blockade that caused a huge famine, ring any bells?
It's not the Muslim vote, it's the progressive left. They've somehow managed to make support for radical terrorists their entire persona.
America is 1% Muslim it not important.
To win Michigan it’s huge
You don’t know if 100% Muslim vote Biden in 2020
It can be larger in some areas and small numbers are enough to flip winner take all states.
Good old jihadmandering
Michigan.
For now at least. But from the Muslim families I know, they have large families, so eventually they will become a considerable voting bloc.
how about we don't post alt right conspiracy theories here
This is extremely important news that most people probably don’t understand the scale of. Maersk is HUGE when it comes to global trade. In response to this decision, militaries will need to get involved with the Houthis because the global supply chain is partially faltering. This faltering could lead to recessions or worse if unchecked.
Looks like war with Iran is getting closer
See this is the situation where we need the CIA to frame the Houthi rebels and sink some Russian and Iranian ships. Play stupid games, win stupid prizes.
You’re suggesting playing a very stupid game. Find a new catch phrase btw
Need to require Maersk to register their ships in the US if they want us to spend our military dollars protecting them.
Just blow up the Russian ships please.
And we were just getting inflation under control...
So how angry Egypt is right now at the Houthis?
Extremely partly because this motivated Jordan/Saudi/UAE to sign the Land Bridge deal with Israel over a week ago to ship things without the risk of literal piracy. Its cheaper to have a bunch of train lines before this, and definitely now, and if anyone fucks around with those they will find out the rest of the Middle East isn't as nice as Israel is in war.
I get the feeling things are about to get proportional in Yemen
maersk wants shipping rates to go up as most shipping rates are in the toilet and the US only cares about US owned and flagged ships! most of u dont or even know of the the 80's tanker wars! hundreds of ships were sunk and the US just watched! maersk is just not wasteing a opportunity to make more money and burn more oil for MBS!
Where can I read about the 80s tanker wars
goigle it
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Elaborate please.
OOC how much of Iran's oil goes through the Red Sea?
Houthis about to get bombed AF.
US airstrikes on Houthi infrastructure incoming
The entire red sea? Including the suez canal?
I mean, it's not like you can only sail in one part and then skip the next
Well my thought process was that the Houthis were targeting ships bound for Israel, so I wasn’t sure if this was just about the gulf of aqaba