The cost of the Red Sea crisis
Update: 2024-08-18
Description
We catch up on the ongoing disruption to the shipping industry after Houthi attacks on commercial vessels.
The Iran-backed group said it was targeting ships linked to Israel, the US and the UK in support of Hamas.
We look at the cost of diverting cargo away from the Red Sea, and hear about the impact of months of disruption.
Plus a new remote shipping route is getting more traffic, as ships travel over the top of the world via the Arctic.
Produced and presented by Rick Kelsey
(Image: A Houthi military helicopter flies over a ship in the Red Sea. Credit: Reuters)
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