Fuel tanker rates are soaring on Red Sea disruption
Several oil product tanker companies have said they will no longer carry cargoes through the Red Sea in response to the attacks on merchant shipping by Houthi militants.
Stay updated with breaking news from Almi Globe. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Several oil product tanker companies have said they will no longer carry cargoes through the Red Sea in response to the attacks on merchant shipping by Houthi militants.
Two ships transporting oil or oil products from the U.S. Gulf Coast to India are rerouting from the Red Sea amid concerns of attacks by Yemen's Houthi militants, as a U.S.-led coalition aims to safeguard vessels, as per vessel tracking data on Friday.
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and In...
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and In...
At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants. Iran-backed Houthis, who say they are supporting Palestinians under siege by Israel in the Gaza Strip, have attacked commercial shipping with drones and missiles, forcing shippers to change course and take longer routes around the southern tip of Africa. The Aigeorgis, which was chartered by BP to carry vacuum gasoil (VG...