Tanker traffic in the Middle East is being seriously affected by the Houthi attacks, according to Clarksons Research.
Managing director Steve Gordon said overall Red Sea tonnage transits have fallen a further 10% after recent military escalation, with Gulf of Aden arrivals 65% lower than 2023 levels.
Container ship passages remain very low, driving freight rates up 200% since the start of December, but increases in charter rates have been a more modest 8%.
