If China and Russia find the Houthi problem as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.Danish shipping giant Maersk, in a late-March update, reaffirmed its commitment to avoiding the Red Sea for the foreseeable future. Maersk cited attacks on the True Confidence — which claimed three lives and marked the Houthis’ first fatalities caused on a commercial vessel — and the Rubymar, the first vessel lost to a Houthi assault.
https://www.freightwaves.com/news/red-sea-crisis-nears-boiling-point-unable-to-heat-up-spot-rates
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