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Challenges to Global Trade and the Rise of Dark Fleets
The chapter explores the impact of Houthi attacks on shipping routes and supply chains, revealing how post-COVID surplus capacity mitigated disruptions. It discusses the technological advancements in missile attacks, highlighting asymmetric warfare risks and the vulnerabilities of global commerce. Moreover, it delves into the emergence of dark fleets, operating in secrecy to trade with nations under sanctions, posing challenges to traditional shipping systems and global trade dynamics.