The strategic blockade of shipping routes in the Red Sea by the Houthi Rebels has again placed war-torn Yemen under a global spotlight. This move not only highlights the conflict, which has resulted in significant casualties but also underscores the Houthis' attempt to assert a distinct position within the Middle Eastern geopolitical landscape.
Their stance on the Israel-Hamas conflict sets them apart from their larger Arab neighbors, earning a notable degree of attention from various Muslim communities around the world.
Calypso Commodities has conducted a comparative analysis of major shipping routes such as the Panama, Suez, and Cape routes for U.S. Gulf cargos to Northeast Asia, revealing significant current impairments.
Western shipowners stopped transiting the Red Sea since early Dec 2023, due to the risk of hijacking and military conflict.
We see an increasing "Basinasation" of Atlantic and Pacific cargos, while Qatari vessels - unaffected by Houthi attacks - can provide flex to Europe. The limitations at Panama and Suez result in the doubling of cost and travel distance for US Gulf cargos bound to Asia. For a deeper discussion on our findings and their commercial implications on shipping length, interested parties are encouraged to arrange a detailed discussion call.
Calypso Ventures GmbH
Bismarckstraße 10/12
10625 Berlin
Handelsregister: HRB 239736 B
Amtsgericht Charlottenburg
Umsatzsteuer: DE342781749
Vertreten durch:
Michael Schach
Telefon: +49 30 41734423
E-Mail: [email protected]
Calypso Ventures GmbH
Bismarckstraße 10/12
10625 Berlin
Registered number: HRB 239736 B
Amtsgericht Charlottenburg (Germany)
VAT: DE342781749
Represented by:
Michael Schach
Phone: +49 30 41734423
E-Mail: [email protected]
The strategic blockade of shipping routes in the Red Sea by the Houthi Rebels has again placed war-torn Yemen under a global spotlight. This move not only highlights the conflict, which has resulted in significant casualties but also underscores the Houthis' attempt to assert a distinct position within the Middle Eastern geopolitical landscape.
Their stance on the Israel-Hamas conflict sets them apart from their larger Arab neighbors, earning a notable degree of attention from various Muslim communities around the world.
Calypso Commodities has conducted a comparative analysis of major shipping routes such as the Panama, Suez, and Cape routes for U.S. Gulf cargos to Northeast Asia, revealing significant current impairments.
Western shipowners stopped transiting the Red Sea since early Dec 2023, due to the risk of hijacking and military conflict.
We see an increasing "Basinasation" of Atlantic and Pacific cargos, while Qatari vessels - unaffected by Houthi attacks - can provide flex to Europe. The limitations at Panama and Suez result in the doubling of cost and travel distance for US Gulf cargos bound to Asia. For a deeper discussion on our findings and their commercial implications on shipping length, interested parties are encouraged to arrange a detailed discussion call.
Calypso Ventures GmbH
Bismarckstraße 10/12
10625 Berlin
Handelsregister: HRB 239736 B
Amtsgericht Charlottenburg
Umsatzsteuer: DE342781749
Vertreten durch:
Michael Schach
Telefon: +49 30 41734423
E-Mail: [email protected]
Calypso Ventures GmbH
Bismarckstraße 10/12
10625 Berlin
Registered number: HRB 239736 B
Amtsgericht Charlottenburg (Germany)
VAT: DE342781749
Represented by:
Michael Schach
Phone: +49 30 41734423
E-Mail: [email protected]