Houthi attacks in Red Sea causing greater supply chain damage than early pandemic ...Middle East

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Shipping data analyst firm Sea-Intelligence says that disruptions to shipping from the Houthi attacks in the Red Sea are already more damaging to the supply chain than the early COVID-19 pandemic.The firm cite their analysis of vessel delayssupply chain data known in the industry as "vessel capacity" shows the second largest drop in recent years, surpassed only when the giant Ever Given cargo ship was stuck in the Suez Canal for six days during March 2021With that exception, the Red Sea crisis is "the largest single event - even larger than the early pandemic impact" said the firm in their its Trade Capacity Outlook reportThe longer transit around the tip of South Africa, the Cape of Good Ho

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