Shell Halts All Red Sea Shipments

Wednesday, January 17, 2024

British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal reported, on Tuesday, citing people familiar with the decision.

Attacks on ships by the Houthis, who say they are acting in solidarity with Palestinians, have disrupted global commerce.

Last week, the company took the step to halt all crossings over concerns that a successful attack could trigger a massive spill in the region, as well as present risks to the safety of crews on the ships, the report added.

Shell declined to comment.

Last month, rival BP said it had temporarily paused all transits through the Red Sea.


(Reuters - Reporting by Urvi Dugar and Eva Mathews in Bengaluru; Editing by Savio D'Souza and Shilpi Majumdar)

Categories: Maritime Security Middle East Industry News Activity Shipping Red Sea

Related Stories

France Leads 15-Country Effort to Reopen Strait of Hormuz

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

OMV Nominates BP Executive Emma Delaney as Next CEO

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

OneSubsea to Supply Production Boosting System for Shenandoah Field

Subscribe for OE Digital E‑News