Houthi fighters in Yemen have targeted more merchant ships carrying Russian goods than products from any other country, despite assurances given to Moscow earlier this year. The attacks on these ships, mostly oil and raw material carriers, highlight the risks faced by international vessels navigating the Red Sea and Gulf of Aden. While Russian-owned ships have not been attacked, those carrying Russian cargo are at greater risk due to the ongoing conflict in the region.
Despite promises from the Houthis to spare Russian and Chinese ships in the southern Red Sea, incidents involving Russian cargo have increased. Falling insurance costs for Chinese ships have not been reflected in the Russian market, leaving Russian vessels facing greater risks. Some ships have used signals indicating Russian affiliation to avoid attacks, but the dangers remain high for those transporting Russian goods.
The ongoing conflict in the region has led to increased attacks on merchant ships, with Russian cargo carriers being particularly targeted. The need to transport goods quickly and cheaply to finance the war in Ukraine has put Russian vessels at risk in the Red Sea and Gulf of Aden. As the insurance situation for Russian ships remains unclear, the risks of navigating these waters remain a concern for international shipping.
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