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ENERGY: Vessels Indicate Reluctance to Red Sea Passage

ENERGY
Energy BulletsBulletPower BulletsCommodities

Container line MSC said it will continue sending its vessels around Africa until further notice.

  • General notices from any firm sending vessels on the passage appear reluctant to return to Red Sea crossings following Houthi communications this week it would not attack vessels.
  • Hafnia, Maersk, Torm and CMA CGM are monitoring the situation all citing safety concerns. There have been a number of ‘mistaken identity’ attacks on the passage which will have added to the reluctance as well as likely difficulties with insurance. 
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Container line MSC said it will continue sending its vessels around Africa until further notice.

  • General notices from any firm sending vessels on the passage appear reluctant to return to Red Sea crossings following Houthi communications this week it would not attack vessels.
  • Hafnia, Maersk, Torm and CMA CGM are monitoring the situation all citing safety concerns. There have been a number of ‘mistaken identity’ attacks on the passage which will have added to the reluctance as well as likely difficulties with insurance.