China’s largest oil shippers abandon Hormuz, Bab al-Mandab as Middle East conflict deepens
Two of China’s largest state-owned oil shipping companies have halted all tanker traffic through the Strait of Hormuz and the Bab al-Mandab strait, according to a Reuters report on Tuesday, citing industry executives, vessel trackers and a ship broker. The decision by COSCO Shipping Energy Transportation and China Merchants Energy Shipping (CMES) marks one of the clearest signals yet that the…
We haven't written up this one. Gulf News has the full story — the link below goes straight to it.
