Shell Halts All Red Sea Shipments

Wednesday, January 17, 2024

British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal reported, on Tuesday, citing people familiar with the decision.

Attacks on ships by the Houthis, who say they are acting in solidarity with Palestinians, have disrupted global commerce.

Last week, the company took the step to halt all crossings over concerns that a successful attack could trigger a massive spill in the region, as well as present risks to the safety of crews on the ships, the report added.

Shell declined to comment.

Last month, rival BP said it had temporarily paused all transits through the Red Sea.


(Reuters - Reporting by Urvi Dugar and Eva Mathews in Bengaluru; Editing by Savio D'Souza and Shilpi Majumdar)

Categories: Maritime Security Middle East Industry News Activity Shipping Red Sea

Related Stories

Chevron Signs Oil Exploration Deal in Syrian Waters

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Rovtech, Unique Group to Expand ROV Reach to Middle East and Asia

Current News

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Chevron Enlists Subsea7 for Mediterranean Sea Job

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Subscribe for OE Digital E‑News