In response to escalating drone attacks from Houthi-controlled areas of Yemen, the US military confirmed the successful interception of 14 one-way attack drones in the Red Sea. Major shipping companies, including MSC Mediterranean Shipping Co. SA and CMA CGM, are diverting vessels away from the Red Sea due to increased threats. The USS Carney and the UK navy thwarted the attacks, but concerns over trade disruption persist. MSC and CMA CGM are rerouting ships, while UK naval forces also repelled a suspected drone attack. The situation poses challenges to global supply chains, potentially increasing freight rates and causing delays.
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US Navy Shoots Down 14-Drone Wave as Shippers Avoid Red Sea
By Brendan Murray and Charles Capel
The US military said it shot down …