>In the last week, Houthi forces killed a merchant mariner, sunk a commercial ship and forced a crew to abandon another in flames. The attacks come as the Houth

>In the last week, Houthi forces killed a merchant mariner, sunk a commercial ship and forced a crew to abandon another in flames. The attacks come as the Houthis continue to escalate its eight-month campaign against commercial traffic in the Red Sea and Gulf of Aden. >Comparative data from Marine Traffic suggests that the Houthi attacks have led to a 79.6 percent drop in drybulk carriers going through the Suez Canal in June 2024 versus June 2023. The recent attacks and sinking of Tutor is expected to lead to an additional rise in insurance costs for companies planning to send ships through the Red Sea.