Industry News

Red Sea shipping crisis sends 100 tankers around Africa

2024-02-01

Foreign media news on January 30; According to a report from Oil Brokerage, since last week, the number of oil tankers avoiding the Red Sea route and instead embarking on long-distance voyages around the Cape of Good Hope in Africa has increased to 100. The 69 vessels counted on January 24 represented an increase of approximately 45%.

The ships carried about 56 million barrels of crude oil and petroleum products, the report said.

Shipments of clean petroleum products such as diesel fuel through the Bab el-Mandab Strait at the southern end of the Red Sea fell to 625,000 barrels per day last week, compared with the usual 2 million barrels per day.

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