Reported 11 months ago
The Red Sea crisis triggered a global shipping black swan event, indirectly affecting Yemen's fishing industry due to conflict and causing congestion in Singapore Harbor as many ships diverted to unload and resupply due to the crisis. Additionally, an accidental collision in the harbor led to a fuel vessel leaking refined fuel, severely contaminating Singapore's Sentosa Beach. From supply chains to tourism, the effects are widespread.
Source: YAHOO