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this post was submitted on 06 Jan 2024
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Did they sink any?
Did literally one person die?
They're firing fucking rockets at them, isn't that bad enough?
To nearly double international shipping costs?
No, it's not.
Lmao.
Insurance costs for sailing through the red sea are a verifiable metric, and it actually costs at least an order of magnitude more than it used to.
Are you saying the insurers are part of an international cabal of deep state global elites who actually provide lower rates to transportation companies than they state, or somehow hand over those profits freely to Wal-Mart so they can double-dip on the price gouging......???
Like bruh you can criticize price gouging without falling head-over-heels into insane crackpot conspiracy theories. Missiles are being fired, ships have to divert south around Africa, shipping gets expensive, simple as.
They did actually hijack 1 ship and have kept it and it's crew hostage, the Galaxy Leader. While there have been misses and successful interceptions, several ships have been damaged.
When you insure ships, you take notice of these kinds of things.
https://en.m.wikipedia.org/wiki/Houthi_involvement_in_the_Israel%E2%80%93Hamas_war