As the fragile peace deal in Gaza holds, the shipping industry’s thoughts have once again turned to the possibility of safe passage through the Red Sea and the Suez Canal.
The local situation in the Bab el-Mandab Strait remains very volatile, as this weekend the LPG tanker Falcon suffered an explosion that led to 24 sailors abandoning the ship, with two still missing.
UKMTO, the naval force that monitors terrorists and pirates…
The increase in imports from the return to the Suez Canal may overwhelm European ports appeared first on The Loadstar.
