Storm in a teacup

PS Stock Rescaled 2

The Houthi attacks on shipping traversing the Bab-el-Mandeb straight at the southern end of the Red Sea is being treated as a major crisis for shipping and beneficial cargo owners.

The first, and quickest to react by abandoning the Suez Canal option or the Egyptian SUMED oil pipeline, were the container carriers, with an estimated 80 plus per cent opting for the Cape of Good Hope (COGH) route, followed by the bulk carriers and most recently by the oil companies.

Continue reading this article… 


Receive full access today!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!