Companies steering clear of the Red Sea should not be expected to resume transits quickly, even if a ceasefire is eventually agreed in the Gaza Strip, Lars Barstad said on Wednesday.
“We all want [a] ceasefire between Hamas and Israel, but to expect owners to put their seafarers at risk passing Red Sea/Gulf of Aden anytime soon is a bit naive,” the chief executive of major tanker player Frontline wrote in a post on X.
