Yanbu tanker calls fall as Saudi scrambles to keep crude flowing
- Yanbu tanker calls have dropped by more than a third since the Houthi blockade was announced on July 20, according to Lloyd’s List Intelligence data
- Saudi Arabia is rerouting crude through a three-part workaround involving shuttle tankers, Egypt’s SUMED pipeline and the Mediterranean port of Sidi Kerir
- Bahri, Sinokor, Dynacom, DHT and Angelicoussis are among the owners running shuttle tankers, but the patchwork system ties up more vessels and adds weeks to voyage times for Asian buyers
Saudi Arabia is scrambling to keep crude flowing through a makeshift Egypt pipeline workaround after Houthi blockade threats slashed Yanbu VLCC traffic by 35%
