24 Hrs
Source:
الاقتصادية
Vessel to Asia departs Red Sea
Reports indicate that the giant oil tanker "Olympic Lak" has departed the Suez Canal heading towards Asia after crossing the Red Sea, partially loaded with Saudi crude oil. The vessel's destination has shifted from Europe to Asia amid rising tensions with the Houthis, who have imposed a blockade in the Red Sea, supported by Iran. Due to its deep draft, the tanker was forced to unload half of its cargo in Egypt before resuming its journey via an oil pipeline—marking the first time a large vessel carrying Saudi crude has followed the longer route around Africa. Another tanker, "DHT Gazel," which also carries Saudi crude oil destined for Asia, is following behind. The movement of ships through the Bab el-Mandeb Strait and areas of escalation between Iran and the United States continues, but maritime traffic has significantly decreased, with many vessels halting or redirecting their routes amidst Houthi escalation and international military movements in the region.
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