Cosco ships continue to brave Red Sea despite Houthi threat
Two of its panamax dry bulkers have recently passed through the Bab el Mandab Strait, heading towards the Suez Canal, while one general cargo carrier with container capacity is arriving at the Great Bitter Lake
Move comes as weekly bulker transits through the Bab el Mandeb Strait fall to their lowest level since the Red Sea crisis began, according to Lloyd’s List Intelligence vessel-tracking data