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Tankers Hauling Kuwaiti Oil Veer From Red Sea After Friday Blast

From bnnbloomberg.ca

At least two vessels that were hauling fuel from Kuwait to Europe appear to have shifted their track to avoid the Red Sea after Houthi militants hit a fuel-tanker over the weekend. The Minerva Pacifica and Advantage Porto Cervo are both carrying cargoes that loaded in Middle East country and were booked by Kuwait Petroleum Corp., according to lists of charters compiled by Bloomberg and information from data intelligence provider Kpler. Over the weekend, both were signaling the Suez Canal as their next destination, which would mean taking the risk of sailing through the Bab El-Mandeb, near Yemen. However, the duo now ... (full story)

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  • Category: Fundamental Analysis