Missile Attack on Panama-Flagged Oil Tanker in Red Sea Causes No Damage

On May 23, 2024, a missile attack targeted a Panama-flagged crude oil tanker near the Bab el-Mandeb Strait in the southern Red Sea. The attack, likely carried out by Yemen's Houthi rebels, caused a fire in the steering gear flat but resulted in no significant damage.

The vessel, approximately 10 nautical miles southwest of Mokha, Yemen, received assistance, and one of its steering units remained functional. The British Navy's maritime security agency, United Kingdom Maritime Trade Operations (UKMTO), confirmed the incident and reported that the vessel sustained 'slight damage' after being struck by an unknown object. Despite the attack, the vessel and its crew were safe and continued to their next port of call.

Why this matters: The attacks on commercial vessels in the Red Sea have significant implications for global trade and energy markets, as they disrupt shipping routes and increase costs. If left unchecked, these attacks could lead to a broader conflict in the region, affecting global economic stability.

The Houthis, backed by Iran, have launched numerous attacks on vessels in the Red Sea since November, claiming solidarity with Palestinians in Gaza. These attacks aim to pressure global powers to end the war on Gaza, which has resulted in over 35,000 deaths, mostly women and children.

In another incident on the same day, a China-bound oil tanker, the Greek-owned M/T Wind, was struck by a ballistic anti-ship missile fired by Houthi militants. The attack caused flooding that knocked out the tanker's propulsion and steering systems. However, the crew managed to restore functionality without external assistance, and the vessel resumed its course under its own power.

The attacks have significantly impacted global shipping routes, forcing vessels traveling between Asia and Europe to avoid the Suez Canal and take a longer route around southern Africa. This disruption has the potential to put upward pressure on energy markets as shipping through the Red Sea remains perilous.

Separately, another vessel, the Master, sustained slight damage after being struck by an unknown object 98 nautical miles south of Al Hudaydah, Yemen. The ship and its crew were safe and continued to their next port of call.

These incidents underscore the ongoing threat to maritime security in the region. As global powers continue to monitor the situation, the safety of commercial vessels navigating these waters remains a critical concern.

Key Takeaways

• Missile attack targets Panama-flagged oil tanker near Bab el-Mandeb Strait.
• Houthi rebels likely responsible, causing slight damage but no casualties.
• Attacks on commercial vessels disrupt global trade and energy markets.
• Vessels forced to take longer route around Africa, increasing costs and pressure on energy markets.
• Maritime security remains a critical concern in the region.