Deputy Minister of Planning Discusses Economic Resilience Project with EU and OECD
Deputy Minister of Planning and International Cooperation, Dr. Nizar Basuhayb, met with a delegation from the European Union and the Organisation for Economic Co-operation and Development (OECD) in Aden to discuss the Economic Resilience Project in Yemen and ways to develop its programs in the coming period.
Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff
Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.
More than 1,500 flights canceled in U.S. amid ongoing government shutdown
Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.
Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands
Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.
User Name: Password:
Eryani warns of dangers of Houthi attacks on migration of shipping companies from the Red Sea
[25/12/2023 03:00]

Aden - Saba
Minister of Information, Culture and Tourism, Muammar Al-Eryani, warned of the serious dangers of repeated attacks launched by the terrorist Houthi militia affiliated with Iran, on civilian ships and oil tankers, which threaten the migration of shipping companies from the Red Sea.

Muammar Al-Eryani made clear that what is more dangerous than the direct losses of the attacks carried out by the Houthi militia in the Red Sea and Bab al-Mandab is the long-term effects of those attacks as a result of pushing international shipping companies and oil and gas tankers to sail outside the Red Sea and take an alternative path towards safe international transit corridors.

Due to the high prices of sea freight, insurance costs, and its reluctance to sail this international corridor, the most used in the world, accounting for approximately 12% of international shipping and trade traffic. Al-Eryani stressed that promoting the effects of these attacks on the Israeli entity’s economy or imposing a blockade on it is false and misleading talk, as the decline in sea traffic through the Israeli port of Eilat on the Red Sea by 80% ignores the fact that the port handles only 5% of Israel’s seaborne trade.

Most imports pass through the Mediterranean Sea (Ashdod, Haifa), and the port of Eilat is mainly used for importing cars and is not connected to a railway like other ports. Al-Eryani stressed that Yemen, especially the areas under the force of the control of the terrorist Houthi militia, depends mainly on the import of food and consumer goods, and imports 80% of its needs through the port of Hodeidah on the Red Sea, and the rise in sea freight prices and insurance costs will lead to a rise in food prices in the country.

It is suffering from a humanitarian crisis and the majority of its population depends on food aid due to the conditions of war and the coup.



Deputy Minister of Planning Discusses Economic Resilience Project with EU and OECD
Minister of Industry and Trade Discusses Partnership Opportunities with EU and OECD Delegation
President al-Alimi Returns to Aden
Vice Foreign Minister receives credentials of new UNFPA's Representative ADEN - SABA
Leadership Council listens to Prime Minister's report on progress of reform process, welcomes findings of expert team's report
Deputy Speaker of Shura Council Meets Chinese Chargé d'Affaires
Fourth Phase of Artificial Joint Implant Project Concludes at Marib Hospital
Yemen Participates in 12th Arab Constitutional Courts Union Meeting in Rabat
Ambassador Al-Manhali Meets UAE Deputy Minister of Defense.
Minister of Water Discusses Support for Adaptation Projects in Yemen with Green Climate Fund

About Saba News Agency | Usage Agreement | Contact Us