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Market
What will be the impact on shipping routes in the Arabian Sea by February 28, 2025?
2
Yemeni Armed Forces•Houthis•US Navy•Arabian Sea•Gulf of Aden•Liberty Grace•Maersk Saratoga•Stena Impeccable•Yemeni
Resolution / Starting Odds
Increased security measures • 25%
Diversion of shipping routes • 25%
Temporary halt in shipping • 25%
No significant impact • 25%
Shipping industry reports or statements from major shipping companies
Story
Yemeni Houthis Launch 16 Missiles at US Navy Destroyer and Three Supply Ships
Dec 1, 2024, 06:34 PM
The Yemeni Armed Forces, known as the Houthis, have claimed responsibility for a significant military operation targeting a US Navy destroyer and three supply ships in the Arabian Sea and the Gulf of Aden. The operation involved the use of 16 ballistic and cruise missiles, as well as drones. The targeted vessels included the destroyer, the Liberty Grace (a bulk carrier), the Maersk Saratoga (a container ship), and the Stena Impeccable (an oil/chemical tanker). The attack was described as precise and direct by the Yemeni forces.
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Similar markets
Temporary route closures • 25%
Other security measures • 25%
No significant change • 25%
Increased military escorts • 25%
Reduced shipping traffic • 25%
Higher shipping insurance costs • 25%
No significant impact • 25%
Increased piracy incidents • 25%
Heightened security measures • 25%
No significant impact • 25%
Increased shipping insurance rates • 25%
Reduced shipping traffic • 25%
Increase • 25%
No change • 25%
Significant decrease • 25%
Minor decrease • 25%
No significant change • 25%
Decreased security and trade • 25%
Increased security and trade • 25%
Other • 25%
Houthis • 25%
Iran • 25%
Pirates • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia • 25%
South America • 25%
Other • 25%
Commercial Shipping • 25%
US Naval Vessels • 25%
Military Bases on Land • 25%
