The first LNG tanker to pass through the Red Sea since January is currently sailing, following a halt in LNG sailings due to missile attacks by Yemeni Houthi militias. The Asya Energy ship, confirmed to be carrying cargo, passed through the Bab al-Mandab Strait earlier this week, while another ship sank in the same region, likely targeted by militants. Most LNG tankers have avoided the Red Sea route due to security concerns, with attacks spreading to other waterways in solidarity with Palestinians in the conflict with Israel.
The Suez Canal connects the Red Sea with the Mediterranean Sea, providing a crucial shipping route between Europe and Asia. The Palauan-flagged Asya Energy is en route to Gibraltar after stopping in Oman, managed by Nur Global Shipping and owned by Lule One Services in Dubai. Amid escalating attacks on merchant vessels, the shipping industry is calling for action to address the threats posed by the Houthis, who sank the British-owned Rubymar in March among other incidents. Ongoing monitoring and vigilance are in place to ensure the safe passage of vessels through the region.
As the Asya Energy potentially becomes the first ship to complete the Red Sea passage since January, analysts are closely following its progress towards Gibraltar. Despite the challenges posed by security risks in the region, efforts are being made to gather real-time data and market intelligence to ensure safe navigation and response to potential threats. Urgent action is being called for by industry groups to address the ongoing security concerns and protect vessels traveling through the Red Sea from further attacks.
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