Sweden’s Concordia Maritime believes MR tanker rates could maintain momentum going into January due to Red Sea disruption.
Attacks by Houthi rebels from Yemen on Israeli-affiliated vessels are forcing some owners to consider alternative routes.
Concordia chief executive Erik Lewenhaupt said in a market update: “Analysts are keeping a close eye on the situation off the coast of Yemen where recent attacks on Israeli-linked ships may cause further disruption and re-routing of some ships via the Cape of Good Hope.
