HomeBussinessSinking of coal carrier raises Red Sea alert to fresh high

Sinking of coal carrier raises Red Sea alert to fresh high

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Smoke rises after an explosion on a ship that Houthis say is an attack by them on Greek-owned MV Tutor in the Red Sea. Photo: Reuters

The sinking of a coal-carrier by a sea drone in the Red Sea has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs.

The British navy said that the only visible objects in the last known location of the Tutor dry-bulk carrier – at which point it was semi submerged – were some debris and an oil slick. Yemen’s Houthi militants managed to strike it with a seaborne drone, killing one crew member and injuring others. They said they eventually sank it with explosives.

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