Monday, December 18, 2023

BP suspends Red Sea transit while Biden & Co. dither

 “In light of the deteriorating security situation for shipping in the Red Sea, bp has decided to temporarily pause all transits through the Red Sea,” it said. “We will keep this precautionary pause under ongoing review, subject to circumstances as they evolve in the region.”
 
Shipping giants MSC, Hapag-Lloyd , CMA,  CGM, and Maersk  have also all announced suspensions of travel through the Red Sea due to the drone threat, meaning no access to the key link between Europe and Asia between the Middle East and North Africa.
 
Violence resumed on Monday in the Red Sea, with the U.K. Maritime Trade Organization saying it was alerted that a vessel nearly 30 miles out from Yemen’s port of Mokha “experienced an explosion on its port side.”