Reports claim Houthis make Red Sea vessel attacks a $2B business

Houthi rebels are extorting as much as $2 billion a year from shipping lines in exchange for not attacking their vessels in the Red Sea and Gulf of Aden, according to a new study.

The unreleased study based on research by a panel of Yemen experts for the United Nations Security Council found that the Houthis were pulling in $180 million per month in the “tolling” protection racket, one published report said, though the panel could not independently verify that number.

Since November 2023, the...

https://www.freightwaves.com/news/reports-claim-houthis-make-red-sea-vessel-attacks-a-2b-business

FAO report shows global fisheries and aquaculture production reaches new record high

Fish farm at an undisclosed location

World fisheries and aquaculture production has hit a new high, with aquaculture production of aquatic animals surpassing capture fisheries for the first time, according to a new report from the Food and Agriculture Organisation of the United Nations (FAO) released earlier this month. The 2024...

https://www.bairdmaritime.com/fishing/aquaculture/fao-report-shows-global-fisheries-and-aquaculture-production-reaches-new-record-high/