Israel loses billions as ships travel around Africa due to Yemen port blockage

Published December 11th, 2023 - 09:12 GMT
Ship in the Red Sea shot down missiles and drones that had been fired by Houthis in Yemen, possibly at Israel. (Aaron Lau / US NAVY / AFP)
Ship in the Red Sea shot down missiles and drones that had been fired by Houthis in Yemen, possibly at Israel. (Aaron Lau / US NAVY / AFP)
Highlights
Yemen forces ships to travel around Africa, causing Israel to lose billions due to Houthis blocking the Red Sea and the Arabian Sea in protest for Palestine.

Yemen is forcing ships to travel around Africa instead of allowing them to travel through the Red Sea to Israel, causing Israel to lose Billions. 

The Houthis aim is to obstruct ships from reaching Israel through the Arabian Sea and the Red Sea.

This came in protest of the atrocities Israel is committing against Palestinians in Gaza and the West Bank, killing over 18,000 Palestinians over the last few weeks in bombardment of Gaza.

Yemen's Houthi threatened all ships heading to Israel, regardless of their nationality, and warned all international shipping companies against dealing with Israeli ports.

"If Gaza does not receive the food and medicine it needs, all ships in the Red Sea bound for Israeli ports, regardless of their nationality, will become a target for our armed forces," the spokesperson said in a statement.

The Director General of the Port of Eilat discussed the losses incurred by the port, attributing them to threats from Yemen that disrupted about 85% of port’s profits.

Changing the maritime navigation route will raise the prices of imported products by an estimated 3%, which would increase the financial burden on the Israelis by about ten and a half billion shekels, or about 3 billion dollars.

The Yemeni threat to the Red Sea maritime routes led to the loss of the port by about 14,000 cars from the middle of last month until today. 

The port director further explained that "Israel fears that the closure of Bab al-Mandab to the movement of merchant vessels to Israel through the Red Sea to the port of Eilat or through the Suez Canal would prolong the travel of cargo vessels from the East to Israel about five weeks, as cargo vessels would have to circumvent the African continent at Cape of Good Hope through the Strait of Gibraltar to the Mediterranean."

In a statement, Yemeni Armed Forces spokesperson Brigadier General Yahya Saree declared that this prohibition is "effective immediately," noting that Sanaa, "out of its commitment to the safety of maritime navigation, warns all ships and companies against dealing with Israeli ports."

"The Yemeni Armed Forces emphasize their full commitment to the continuity of global trade movement through the Red Sea and the Arabian Sea for all ships and all countries, except those ships associated with Israel or those that will transport goods" to the occupation entity.

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content