Red Sea Shipping Crisis: Impact of Houthi Attacks on Global Trade

Ships in the Red Sea are declaring themselves as "ALL CHINESE" on their automatic identification systems in a bid to avoid Houthi attacks, with at least nine vessels broadcasting this message. This tactic is believed to be an attempt to appear sympathetic to Palestinians in Gaza or the Houthis, who have been increasing attacks in the region. The ships' actions reflect a broader trend of maritime conflict, with some vessels also affiliating themselves with Russia and others hiring private armed guards. The spate of Houthi attacks has disrupted international trade, leading to significant costs and rerouting of shipping lanes.