Rough Waters in the Red Sea – Navigating the Challenges and Strategic Alternatives in Global Shipping Amid Growing Threats

The shipping industry has found itself navigating through significantly rougher waters, particularly in the Red Sea region. The Red Sea, a critical maritime route for global trade, especially between Europe and Asia, has been a scene of escalating security threats. Iranian-backed Houthi militants in Yemen have intensified attacks on vessels in the region, specifically targeting,…