BP Plc and Equinor ASA said Monday they will pause tanker traffic through the Red Sea following an escalation of attacks on merchant ships. Frontline is considering whether it will continue to use the route, its CEO said on Bloomberg Television. 

  • This list will be updated as information becomes available.

Shipping

  • Frontline
    • Company is weighing whether to halt Red Sea tanker voyages
    • BP’s stand on the issue is greatly appreciated among owners as it is the charterer that controls the routing of their cargoes
  • Maersk
    • Maersk instructed its vessels heading for the southern entrance of the Red Sea to pause their voyages after one of its carriers came under attack
    • “We have instructed all Maersk vessels in the area bound to pass through the Bab al-Mandab Strait to pause their journey until further notice,” it said on Dec. 15
  • Euronav
    • Euronav is insisting its vessels have an option to sail around the Cape of Good Hope and avoid the Red Sea after a spate of vessel attacks in the waterway
  • Hapag-Lloyd
    • Hapag-Lloyd won’t use the Red Sea until Dec. 18 after one of its vessels was attacked while sailing close to the coast of Yemen, it said in a statement Dec. 15
  • V. Group
    • The company, which has access to a pool of more than 44,000 seafarers and manages close to 600 vessels, is advising all of its customers to consider alternatives including diversions

Energy

  • BP  
    • “In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea”
    • “In our trading & shipping business, as in all BP businesses, the safety and security of our people and those working on our behalf is BP’s priority”
    • “We will keep this precautionary pause under ongoing review, subject to circumstances as they evolve in the region”
  • Shell and TotalEnergies declined to comment Monday
  • Equinor 
    • “We are following the situation closely and are in dialogue with owners of ships carrying goods on our behalf, and with other actors in the industry”
    • “We have chosen to reroute ships in the area”
  • Trafigura
    • Monitoring the situation
  • Ineos
    • None of its ships are heading in the direction of the Red Sea
    • Its vessels moves ethane from the US to Europe and to China
  • Following companies also declined to comment: Gunvor; Vitol; Glencore; Neste; Cheniere