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Red Sea crisis tops reader concerns

The most recent poll on Seatrade Maritime News asked readers for the issue that they expected to most impact their business in the second half of 2024.

Marcus Hand, Editor

August 23, 2024

1 Min Read
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Photo: US Centcom X-feed

Readers were given five options: Port congestion, Houthi attacks on ships in the Red Sea, cybersecurity, compliance with regulations, and availability of qualified seafarers.

A majority of readers, 52%, said that Houthi attacks on commercial ships in the Red Sea was their top concern. The attacks that started in late 2023 have seen a large number of vessels re-routing via the Cape of Good Hope despite adding significantly to the length of voyages between Asia and Europe, the Med, and the Middle East.

Diversions have in many cases proved beneficial to shipping markets but have also added to fuel costs and emissions. For vessels that continue to transit the Red Sea the threat of attack from the Houthi continues with ships often subject to multiple attacks from both air and sea.

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The second top concern among readers, some 27% was port congestion, an issue which in some cases can also be linked to the disruption caused by the Red Sea crisis.

Of the three other issues 10% put compliance with new regulations as their top concern, 6% the availability of qualified seafarers, and 5% cybersecurity.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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