Safeguarding Global Trade: A New Era of Maritime Security
The ongoing crisis in the Red Sea has thrust maritime security into the global spotlight, exposing vulnerabilities in our international shipping lanes and threatening the stability of global trade. Since November 2023, Houthi forces in Yemen have conducted over 100 attacks against commercial ships and warships, creating an unprecedented challenge for the maritime industry. This escalation has not only disrupted vital trade routes but also sent ripples through the global economy, affecting everything from shipping costs to consumer prices. The scale…