Loading...
Market
Impact on global shipping routes by Aug 31
5
Resolution / Starting Odds
Routes Altered • 33%
Routes Unchanged • 33%
Enhanced Security Deployed • 34%
Reports from major global shipping companies or maritime trade organizations
Story
UKMTO Reports Missile Strike Near Ship in Southern Red Sea Off Yemen
May 23, 2024, 08:09 AM
The United Kingdom Maritime Trade Operations (UKMTO) has reported an incident involving a commercial shipping vessel approximately 98 nautical miles south of Al Hudaydah, Yemen, in the Southern Red Sea. The vessel's master reported a missile impacting the water close to the port side of the ship. Authorities are investigating the incident, which is suspected to be an attack by the Houthis. This would be the first such attack since May 17th. Despite the missile strike, the vessel and its crew are reported to be safe.
View original story
Similar markets
Increased security measures • 25%
Change in shipping routes • 25%
No significant change • 25%
Reduction in shipping traffic • 25%
Increase in training protocols • 25%
Upgrade of navigation systems • 25%
No significant changes • 25%
Implementation of new safety standards • 25%
Increase in shipping insurance costs • 25%
Redirection of major shipping routes • 25%
Deployment of additional private security • 25%
No significant impact • 25%
Enhanced armed escort for all vessels • 50%
Routine route changes for high-risk areas • 50%
Increased Security Measures • 50%
Status Quo • 50%
Route Changes • 33%
Operational Procedure Changes • 33%
No Changes • 34%
Increased Rates • 34%
Decreased Rates • 33%
No Change • 33%
Significant Disruption • 25%
Minor Disruption • 25%
No Impact • 25%
Increased Shipping Costs • 25%
Enhanced safety measures • 25%
No significant changes • 25%
Increased insurance premiums • 25%
Reduction in sailing activities • 25%
Increase in naval presence • 50%
No change in naval presence • 50%
