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Red Sea Risk Middle East and Africa Tankers and Gas

Red Sea tanker transits plunge 20% as east-west trades bifurcate

Along with bulk carriers, tankers have been the most resilient to rerouting, but extended risk is now seeing rapid drops in transits of these vessel types through the Gulf of Aden and Red Sea

  • Analysis

More than 100 tankers have diverted around the Cape of Good Hope since initial military strikes on Houthis, according to Vortexa, but crude tanker rerouting appears to be accelerating. Lloyd’s list Intelligence vessel-tracking data recorded a 40% drop in crude tankers transiting the Red Sea last week

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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