On 6 March 2024, Houthi rebels in the Red Sea attacked a ship called True Confidence, killing three crew members. Up until this attack, the Houthis had managed to damage vessels, but this was the first time one of their attacks resulted in death. With the situation likely to continue and even escalate, the maritime community remains vulnerable.
Join Control Risks experts, Aakash Brahmachari, Cormac McGarry and Dina Arakji for a conversation with Akshay Misra, Managing Associate at Penningtons about disputes arising from the Red Sea crisis and what companies can do to better prepare themselves as events unfold in the region.
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Houthi rebel attacks in the Red Sea have prompted major shipping companies to divert routes. As disruptions persist, companies should equip themselves with actionable intelligence and legal strategies for disputes.
Control Risks’ due diligence, specialist screening, and targeted analysis gives a global private equity firm full awareness of their exposure before acquiring a fleet of vessels.
