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it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it s led to a near doubling in the cost of container shipping. the attackers say they ll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd s list intelligence. thank you for being with us today, michelle. there have been multiple efforts to try and neutralise the threat from these houthi rebels to ships in the area. these latest attacks suggest they are failing. good afternoon. it certainly seems that way at the moment. the us coalition of military support that is meant to be helping that transit through the red sea to the suez canal seems to have failed to ....
Yesterday. we have seen one in five commercial vessels detour, as you mentioned before. and we have also seen as many as 280 container ships, which is primarily the main type of ship, no longer coming through the red sea and suez canal. they are now having to divert. the success is unknown. this is a whole new level of crazy for commercial shipping at the moment. no one has ever really had to deal with such a threat before to a key shipping artery. you described it before to a key shipping artery. you described it there, a whole new level of crazy. what are your hopes and perhaps fears over what could happen next? and perhaps fears over what could happen next? and perhaps fears over what could hauen next? ~ , ~ ., , happen next? well, nobody knows. the houthis have happen next? well, nobody knows. the houthis have said happen next? well, nobody knows. the houthis have said they happen next? well, nobody knows. the houthis have said they would happen next? well, nobody knows. ....