Yemen’s Houthi militant group’s alleged recent attacks on vessels in the Red Sea have sent shockwaves through global trade, compelling commercial ships plying the route between Bangladesh and the West to take detours around Africa.
This strategic adjustment has led to a significant 14-15 day increase in travel time and a subsequent surge in costs.
Since 18th November, Houthi attacks have targeted 25 commercial vessels in the southern Red Sea and Gulf of Aden.
In response to the escalating threats, major global shipping company Maersk announced its decision to avoid the Red Sea and Suez Canal for the “foreseeable future.”
This move has ignited concerns among businesses, shipping companies, and logistics providers, with reports of doubled freight expenses, including insurance and fuel costs, and apprehensions of further escalations.
Expressing deep concern, Rakibul Alam Chowdhury, Vice President of the Bangladesh Garment Manufacturers and Exporters Association, told the media that they are troubled by the adverse effects on the supply chain resulting from the Red Sea attack.
Bharat Tex Special Report 2026 
