Europe-bound diesel, jet fuel cargoes divert from Red Sea and take the longer route around Africa

At least four tankers transporting diesel and jet fuel from the Middle East and India to Europe are taking the longer route around Africa to avoid the Red Sea, ship tracking data show. Diversions around the Cape of Good Hope can lengthen tanker voyages to Europe by up to three weeks, leading to higher freight … Continue reading Europe-bound diesel, jet fuel cargoes divert from Red Sea and take the longer route around Africa