ZIM
![Red Sea Houthi Blockade a Boon For Israeli Shipping Company ZIM](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=700/2024/02/08/520bc280-c680-11ee-aa6e-77968757f996__h2882_w8078.jpg)
According to investment site TipRanks, ZIM has enjoyed a resurgence in stock value thanks to soaring rates, driven by the effective closure of the Red Sea shipping lane.
![Malyasia Bars All Israeli Ships or Ships Headed to Israel From Docking At Its Ports](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/12/20/8f5f18f0-9f23-11ee-8c05-7fe1aa7dfba1__h3800_w7952.jpg)
Israel-Gaza War, Malaysia
This reverses a previous 2005 decision by the country to allow Israeli ships to dock at Malaysian ports. The ban is meant as not only a protest of the war in Gaza but also Malaysia's refusal to recognize Israel as a country.
![Containers containing all sorts of goods delayed for weeks due to Houthi action. Containers at Haifa port.](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/11/30/afc12380-8f75-11ee-bc33-7941d28036f3__h401_w600.jpg)
Israel-Gaza War, Houthis, Economy
The declared Houthi blockade on ships coming in and out of Israel and passing through the Red Sea is underway. What does it mean for Israel?
![The Houthis also pose an economic threat](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/11/29/2b72f340-8ee6-11ee-8914-e3c659c1040a__h331_w650.png)
Israel and Yemen
The restraint in the face of the attacks from Yemen may harm Israel economically as well - and the announcement by the "ZIM" company should be a red flag to Mr. Economy Benjamin Netanyahu. Damage to the Houthi army may also strengthen the alliance with the Saudis, which is significant.
![ZIM container ship](https://images.jfeed.com/cdn-cgi/image/format=jpeg,fit=contain,width=300/2023/11/29/ab8fbba0-8ec1-11ee-bc33-7941d28036f3__h331_w650.jpg)
Israel At War
The ZIM company sent a message to its customers, that the cargo ships and shipments would deviate from the original route in the Red Sea, due to the threats from the Houthis, which would cause a great delay in the delivery of shipments to Israel.