Houthi Attacks Disrupt Global Supply Chains

257 vessels have been rerouted, with only 5 vessels still drifting. Drifting vessels have decreased by 70% as carriers make the decision to reroute vessels. Vessel volume in the Suez Canal has fallen 61% to an average of 5.8 vessels per day compared to volumes prior to the Houthi attacks on commercial vessels. The median days that vessel schedules are trending late has increased as much as 310% on some lanes; Container transit time is starting to see impacts with lanes as high as an 8.8% increas