

Playing Jenga with Maritime Shipping || Peter Zeihan
11 snips Jan 6, 2025
A perfect storm of geopolitical events is reshaping maritime shipping. The sinking of a Russian cargo ship raises concerns about naval strength, while Israel’s military action against the Houthis complicates regional stability. Additionally, provocative maritime behaviors in the Baltic Sea highlight the fragility of global trade. These interconnected incidents demonstrate how delicate the balance of maritime security is in an increasingly chaotic world.
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Russian Cargo Ship Sinking
- A Russian roll-on/roll-off cargo ship carrying specialty equipment, including construction cranes, sank in the Mediterranean.
- This incident impacts Russia's ability to evacuate forces from Syria and build its nuclear icebreaker fleet.
Israel Targets Houthis
- Israel is escalating attacks against the Houthi rebels in Yemen, who are supported by Iran.
- The Houthis disrupt regional stability by attacking targets in Saudi Arabia and Israel and engaging in piracy.
Finland Impounds Russian Ship
- Finland impounded a Russian ship from the "Shadow Fleet" for severing undersea cables in the Baltic Sea.
- This ship was allegedly disrupting data and electricity transmission between Nordic and Baltic countries.