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IPFS News Link • Yemen

Shell Becomes Latest To Suspend Red Sea Shipments After Two Fresh Houthi Attacks...

•, by Tyler Durden

There have been several fresh incidents in the Red Sea, including a Greek-owned tanker coming attack off the coast of Yemen on Tuesday. It comes amid a string of similar attacks, causing Shell to be the latest to suspend all Red Sea shipments, according to breaking news in the WSJ. 

"British oil major Shell PLC suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, according to people familiar with the decision," the publication writes. WSJ continues, "Around 12% of total global seaborne oil trade goes through the Red Sea." According to more:

Last month, a tanker chartered by Shell to move Indian jet fuel was targeted by a drone in the Red Sea and harassed by Houthi boats, according to shipping officials. Shell declined to comment on the suspension of transit and the attack.

But the company last week took the step to halt all crossings over concerns that a successful attack could trigger a massive spill in the region, as well as present risks to the safety of crews on the ships, the people said.

On Tuesday, British maritime security firm Ambrey has identified that the Zografia, a Malta-flagged Greek-owned bulk carrier, has suffered direct hit by a missile while going northbound in the Red Sea, near the Yemeni port city of Saleef.

The damage to the Zografia is being described in Reuters minor with no injuries reported among24-member crew. But there's additionally already a second incident unfolding, also within 100 nautical miles of Saleef. The United Kingdom Maritime Trade Operations (UKMTO) says it received a report of an incident, but the details of which have not been forthcoming. Based on the pattern, the second incident may involve a missile or possibly drone strike.