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Prejula Prem

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Articles

Hormuz oil shuttling trade is picking up again after lull

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By Alex Longley Verified, Yongchang Chin Verified, Weilun Soon Verified, Prejula Prem Verified
| Moneyweb Verified
The oil-shuttling service that has been crucial to getting cargoes out of the Strait of Hormuz has picked up again after a recent lull, helping millions of barrels escape as Middle East hostilities escalate. The shuttling emerged at the height of the war and has been a lifeline for some producers. They use vessels to ferry supplies — often with transponders off to avoid detection — out of the Persian Gulf onto other ships outside the waterway, which then travel on to buyers around the world.
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Saudi ships shun Red Sea choke point for rare Africa journey

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By Weilun Soon Verified, Prejula Prem Verified
| Moneyweb Verified
Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea. Two empty very large crude carriers, Hazm and Dilam, are signalling Gibraltar, which is a major hub in the Mediterranean Sea for refuelling, according to ship-tracking data.
Open in Who Shared View Duplicates (5) Issue with article?

Saudi Ships Shun Red Sea Chokepoint for Rare Africa Journey (1)

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By Weilun Soon Verified, Prejula Prem Verified
| Bloomberg Tax Verified
Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea. Two empty very large crude carriers, and , are signaling Gibraltar, which is a major hub in the Mediterranean Sea for refueling, according to ship-tracking data.
Open in Who Shared View Duplicates (2) Issue with article?
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