Ship owners, mostly oil tankers, are expecting increased tensions with shipping disruptions in the Red Sea.
As Bloomberg writes, market participants are concerned about both attacks by Yemeni Houthis on ships and strikes by the US and British military on the territory of Yemen.
According to shipowners, brokers and traders, charters of tankers carrying crude oil and fuel, which for some vessels are issued in a month, show that more and more vessels are being leased for routes bypassing the danger zone. It is expected that this situation could last for months.
As a result, the situation is such that tankers are now being leased for voyages to Asia rather than Europe. At the same time, several shipments of Iraqi oil have been booked for transport on tankers that bypass Africa.
As the agency writes, the Danish company Torm said that all this has caused an increase in the number of voyages to Asia for supplies of refined fuel and this has increased revenues from tanker transportations of oil products from $35 thousand per day to $60 thousand per day over the past week.
Earlier, Danish logistics corporation A.P. Moller-Maersk warned customers about the risk of global disruptions in the shipping network due to tensions in the Red Sea.