By Jonathan Saul
Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources say.
While shipping companies have yet to divert ships, there are growing worries that any further escalation could hinder oil supplies and potentially lead to higher insurance costs for shipments.
The route is among the world’s busiest and used by major shipping groups such as container line Maersk and oil tanker carriers including Norway’s Frontline and Iran’s NITC, which has benefited this year from the lifting of international sanctions on Tehran.
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Source: news.trust.org
intel reports
Security and Risk Report 01/02/23
MAST’s security report issue 362 is available to read now. In the Gulf of Guinea, forces from Nigeria, Benin and Togo have engaged in Exercise
February 1, 2023 No Comments
