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Bulk carriers divert in record numbers from Red Sea to avoid Houthis

Traffic of ships carrying minerals, grains and ores are 35% below levels seen at the beginning of the year

Overall transits through Bab el Mandeb strait drop 9% week on week, led by lowest number of bulk carriers using the narrow chokepoint connecting the Gulf of Aden and Red Sea since Houthis began targeting commercial shipping more than three months ago

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