Houthi attacks are forcing more oil tankers to avoid the Red Sea

  • World
  • December 23, 2023

The Iran-backed Houthis, who claim to back Palestinians besieged by Israel in the Gaza Strip, have attacked merchant ships with drones and missiles, forcing shipping companies to divert and take a longer route around Africa's southern tip.

The tanker Egeorgis, chartered by British major BP to carry vacuum gas oil from Jamnagar, India to Texas, was en route to the Cape of Good Hope off Africa's east coast on Friday, according to ship tracking data from ship tracking data firm LSEG.

BP normally transports vacuum gas oil cargoes through the Red Sea. The new route adds nine days to the journey between India and the US Gulf Coast. Vacuum gas oil is a refined raw material used to make gasoline and diesel.

A BP spokesman declined to comment. But he referred to an earlier report on the company's decision to replace the ships. The company said on Tuesday it would avoid the Red Sea and operate ships around the Cape of Good Hope.

LSEG data also showed that the Sonangol Cabinda, a tanker chartered by Equinor and carrying crude oil from Texas to India, made a 180-degree turn in the open Red Sea on Thursday and headed through the Suez Canal towards the Mediterranean.

The maritime alliance announced last week includes 20 countries, the US said. However, some have not confirmed their participation, while others have said that measures to protect navigation in the Red Sea will be part of existing maritime agreements. The lack of practical details for shipping companies still creates confusion for those avoiding the area.

See also  Russian forces are advancing on Pakmut and calling on the Ukrainian army to surrender in Zaporozhye, and Kiev has announced a significant increase in the number of security forces | news

“We have temporarily suspended new operations involving traffic through the region,” an Equinor spokesperson said on Tuesday. Vessels in the area are currently being diverted or temporarily stopped, the spokesman said.

The Houthi attacks have prompted shipping companies to change their routes, leaving many African ports congested with the number of ships entering their waters.

“War risk premiums for tankers sailing through the Red Sea have risen recently, making it less expensive for those chartering the longer route (Cape of Good Hope),” said Jay Morrow, an analyst at energy data firm Vortexa.

According to LSEG data, many tankers leaving ports east of Suez bound for non-US destinations diverted or altered their course to avoid the Red Sea.

Other diverted tankers include Pao Olympus, chartered by Equinor. The tanker left the US Gulf Coast on December 10, changed course while crossing the Atlantic Ocean to Suez, turned 90 degrees and set its destination for Durban, South Africa.

Meanwhile, the Almi Globe, a tanker chartered by BP, was diverted in the Mediterranean. The ship was on its way to Suez until Thursday.

  • Rolf Colon

    "Creator. Award-winning problem solver. Music evangelist. Incurable introvert."

    Related Posts

    • World
    • January 11, 2024
    • 1121 views
    Japan is inspired by creative ideas to build earthquake-resistant homes

    For more than a century, Japan has been able to build earthquake-resistant homes on this island known for its severe earthquakes. Last week, after a 7.5-magnitude earthquake hit Ishikawa Prefecture…

    • World
    • January 10, 2024
    • 904 views
    More than 23 thousand martyrs.. Gaza health announced the new death toll news

    Today, Wednesday, the Ministry of Health in Gaza announced that the death toll from the Israeli occupation has risen to 23,357 martyrs, with 59,410 injured since the war began on…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space