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Eilat Port to lay off half of workers amid Red Sea shipping crisis, Houthi attacks
The Times of Israel ^ | 3/20/24 | Reuters

Posted on 03/20/2024 6:39:05 AM PDT by hardspunned

Half the workers at Eilat Port are on the verge of losing their jobs after the seaport took a major financial hit due to the crisis in Red Sea shipping lanes, Israel’s main labor federation says.

Eilat sits on a northern tip of the Red Sea and was one of the first ports to be affected as shipping firms rerouted vessels to avoid attacks by the Houthis in Yemen.

(Excerpt) Read more at timesofisrael.com ...


TOPICS: Foreign Affairs
KEYWORDS: redsea; shipping
Are the Israelis capable of dealing with the Houthis? The USN and Euroweenie navies have been useless so far. Quite obviously, there is no stomach in the West to deploy ground troops in Yemen.
1 posted on 03/20/2024 6:39:05 AM PDT by hardspunned
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To: hardspunned

It isn’t the job of the US military to fight wars for Israeli shipping profits.
Or is it?…


2 posted on 03/20/2024 6:51:51 AM PDT by EEGator
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To: EEGator

Regardless of whose job it is to protect Israelis’ shipping profits, it is important to realize that a non-state actor has pretty much closed a major world shipping route—Red Sea, Suez Canal, to Mediterranean Sea and Europe.

Egypt is probably financially hurt the most as Suez tolls make up a significant part of their government’s revenue. The extra cost of shipping things around Africa will raise the prices of everything carried by the ships.

Someone, not saying it should be us, is going to have to stop them from doing this.


3 posted on 03/20/2024 7:08:36 AM PDT by hanamizu ( )
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To: hanamizu

It’s largely Euro-Med-Asia trade of goods.

I don’t care who does it, as long as it isn’t the US.

Saudis have bombed them for a decade. It stopped nothing.


4 posted on 03/20/2024 7:11:34 AM PDT by EEGator
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To: hardspunned

Houthis just doing the reparations that Americans won’t do.


5 posted on 03/20/2024 7:55:10 AM PDT by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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