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India Reliance s fuel supply to Europe avoids Red Sea -sources | Hellenic Shipping News Worldwide

India Reliance s fuel supply to Europe avoids Red Sea -sources | Hellenic Shipping News Worldwide
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Red seaDjibouti generalHafina yangtzeNidhi vermaChizu nomiyamaReliance industriesGood hopeIran aligned houthiSabrina gloryHigh prospertixAtalantic goldMarlin la plataGujarat state

Reliance s fuel supply to Europe avoids Red Sea: Sources

Reliance, in its chartering contracts, is offering tanker owners a flexibility to go via the Red Sea, a shipping route vital to east-west trade, or the Cape of Good Hope for safe transportation of the fuels to the buyer, shipping sources said.

Red seaDjibouti generalHafina yangtzeReliance industriesGood hopeIran aligned houthiSabrina gloryHigh prospertixAtalantic goldMarlin la plataGujarat state

India Reliance s fuel supply to Europe avoids Red Sea -sources

Most tankers carrying fuel from the world's biggest refining complex operated by India's Reliance Industries are sailing via the Cape of Good Hope to avoid the Red Sea, according to shipping sources and ship tracking data. The risk of attacks on vessels by Houthi militants in Yemen has prompted many shipping firms to divert south around Africa despite the Red Sea and Suez Canal being the shortest route between Asia and Europe. Reliance, in its chartering contracts, is offering tanker owners flexibility to go either way, shipping sources said, but added that most tanker owners are opting for the African route.

Red seaDjibouti generalNidhi vermaChizu nomiyamaHafina yangtzeReliance industriesGood hopeIran aligned houthiSabrina gloryHigh prospertixAtalantic goldMarlin la plataGujarat stateHe red seaTanker owners