What Rising Tanker Risk Means for Suez Canal and Marine Insurance?
4 Articles
4 Articles
It has been reported that a South Korean oil tanker has passed through the Suez Canal for the third time since the blockade of the Strait of Hormuz and is currently transporting crude oil to the country. The Suez Canal, connecting the Mediterranean Sea and the Red Sea, is the shortest sea route between Europe and Asia. The Ministry of Oceans and Fisheries announced on the 5th that as of 10:00 AM that day, the South Korean oil tanker had safely p…
(Busan=Yonhap News) Reporter Lee Young-jae = The Ministry of Oceans and Fisheries announced on the 5th that a South Korean oil tanker that passed through the Suez Canal in the northern Red Sea is transporting crude oil into the country.
Choose the northern Suez Canal instead of Bab el-Mandeb on the southern side of the Red Sea
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