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it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it s led to a near doubling in the cost of container shipping. the attackers say they ll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd s list intelligence. thank you for being with us today, michelle. there have been multiple efforts to try and neutralise the threat from these houthi rebels to ships in the area. these latest attacks suggest they are failing. good afternoon. it certainly seems that way at the moment. the us coalition of military support that is meant to be helping that transit through the red sea to the suez canal seems to have failed to ....
Good afternoon. it certainly seems that way at the moment. the us coalition of military support that is meant to be helping that transit through the red sea to the suez canal seems to have failed to deter the houthis from a large attack on a container vessel, although it was not damaged. we have now seen an interruption of almost all container traffic in the last 12 hours through the area. we traffic in the last 12 hours through the area. ~ . ., ., the area. we are also told the united nations the area. we are also told the united nations is the area. we are also told the united nations is seeking - the area. we are also told the united nations is seeking a i united nations is seeking a diplomatic solution to all of this. what hopes would you have of that being successful? this what hopes would you have of that being successful? what hopes would you have of that being successful? this is very much a da b being successful? this is very much a day by day being successful? this is ....