Red Sea shipping stabilises after July’s Houthi blockade shock
- Vessel traffic through Bab el Mandeb has fallen by around 24% since the Houthis imposed a maritime blockade on Saudi Arabia, but transit volumes have stabilised as shipowners adapt to the new security environment
- Suez Canal traffic has remained mostly unchanged, reflecting the absence of widespread rerouting around the Cape of Good Hope
Bab el Mandeb vessel traffic is down by almost a quarter as Houthi blockade reshapes Red Sea shipping
