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Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads

Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads

Exactly one week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated. It also prompted a plea by the international shipping industry to the United Nations, urging an increase in military patrols along key shipping routes.

First reported by the maritime news website gGaptain, an open letter co-signed by 16 maritime industry associations and social partners, calls for urgent assistance and reminds countries about their responsibilities under international law.

“However, the incident this weekend, when the vessel MSC Aries was seized by Iranian forces at 06.37 UTC – 50 nautical miles north-east of Fujairah, United Arab Emirates on Saturday 13 April, has once again highlighted the intolerable situation where shipping has become a target. This is unacceptable,” the signatories of the letter stated.

“Given the continually evolving and severe threat profile within the area, we call on you for enhanced coordinated military presence, missions and patrols in the region, to protect our seafarers against any further possible aggression,” they said, adding, “The industry associations ask that all member states be formally reminded of their responsibilities under international law. And we ask that all efforts possible are brought to bear to release the seafarers and protect the safe transit of ships.”

After the MSC Aries seizure in the Strait of Hormuz, we published a note titled “Heading For Supply Shock? Four Maritime Chokepoints Flash Red As Escalating Conflict Looms,” outlining the maritime chokepoints, including the Suez Canal, Bab-El Mandeb Strait, and Strait of Hormuz, through which a quarter of all global trade flows, that are experiencing increased conflict.

In a recent note, MUFG provided a global snapshot of the world’s maritime chokepoints.

…click on the above link to read the rest of the article…

Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint

Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint

An anti-ship cruise missile fired by Yemen’s Houthi rebels struck a Norwegian-flagged tanker in the Red Sea near a key maritime chokepoint known as the Bab el-Mandeb Strait, where nearly 10% of all crude traded at sea passes through.

Reuters quoted Houthi military spokesperson Yehia Sarea, who said the tanker – named “Strinda” – was targeted because it was headed to an Israeli terminal, and the crew ignored all warnings.

However, Strinda’s owner, Norway’s Mowinckel Chemical Tankers, said the vessel was bound for the Suez Canal and then on to Italy with a cargo containing vegetable oil and biofuels.

A US official told Reuters that the attack occurred about 60 nautical miles north of Bab al-Mandab Strait, connecting the Red Sea and the Gulf of Aden around 2100 GMT. After the attack, another official said the tanker could move under its own power.

According to the US military’s Central Command, which supervises US forces in the Middle East, the Arleigh Burke-class destroyer USS Mason received a distress call from Strinda and was able to respond:

“There were no US ships in the vicinity at the time of the attack, but the (US Navy destroyer) USS MASON responded to the M/T STRINDA’s mayday call and is currently rendering assistance.” 

The Iran-backed militant group has carried out a series of attacks on commercial vessels in the Red Sea (read: here & here). They are specifically targeting any vessel they believe is going to or coming from Israel.

Bloomberg cited sources who said the US and Gulf allies have been discussing potential military action against the militant group for the latest spate of attacks on commercial vessels in the Red Sea.

As for energy markets, Brent crude futures briefly traded above $76 a barrel after Central Command posted on X about the incident on Monday night. Yet Brent gave up all gains and slid back to the $75 handle early Tuesday. Global crude markets are gripped with oversupply fears.

…click on the above link to read the rest…

Saudi oil shipment halt: A potential watershed in the Yemen war

Saudi oil shipment halt: A potential watershed in the Yemen war

A spike in oil prices as a result of a temporary halt in shipments through the strategic Bab el Mandeb strait may be short-lived, but the impact on Yemen’s three-year-old forgotten war is likely to put the devastating conflict on the front burner.

The halt following a Saudi assertion that Iran-backed Houthi rebels in Yemen had attacked two Saudi oil tankers traversing the waterway drives home the threat the conflict poses to a chokepoint in international trade and the flow of Gulf oil to world markets. The Houthis said they had attacked a Saudi warship rather than oil tankers.

An estimated 4.8 million barrels of oil are shipped daily through Bab al Mandeb that connects the Red Sea with the Arabian Sea off the coast of Yemen, Djibouti, and Eritrea.

The halt of oil shipments could provoke an escalation of the conflict with external powers intervening in a bid to assist Saudi Arabia and the UAE in defeating the Houthis and dealing a blow to Iran’s regional presence.

By the same token, the halt potentially offers Saudi Arabia and the United Arab Emirates an opportunity to focus international attention on resolving a civil war aggravated and turned into a regional conflict by the two Gulf states’ military intervention in March 2015.

Rather than proving to be a swift campaign that would have subdued the Houthis, the intervention has turned into a quagmire and a public relations fiasco for Saudi Arabia and the UAE.

International criticism of their conduct of the war is mounting as a result of its devastating human cost. Voices in the US Congress, the British parliament and other Western legislatures as well as human rights groups calling for a halt of arms sales to Saudi Arabiaare growing ever louder.

…click on the above link to read the rest of the article…

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