Yemen's major Red Sea ports of Hodeidah, Salif, and Ras Issa lost some 1.4 billion US dollars from July 2024 to May this year amid US and Israeli airstrikes, , the Houthi-controlled Red Sea Ports Corporation told a press conference in Hodeidah
The airstrikes targeted civilian port infrastructure and operational facilities, resulting in the destruction of docks, main cranes, power stations, generators, and logistical facilities at the three ports.
The destruction also included "floating docks, tugboats, and warehouses designated for unloading food, relief, and medical supplies" across the three ports, said the corporation, calling for immediate support for reconstruction efforts.
In mid-March, US President Donald Trump ordered "decisive and powerful military action" against the Houthis and in early May, the Houthis and the United States reportedly reached an Oman-brokered ceasefire agreement, under the terms of which the Houthis agreed to suspend attacks on US vessels in the Red Sea in exchange for a halt to US airstrikes on Houthi positions.