Royal Caribbean and MSC have canceled cruises in response to attacks on ships in the Red Sea by Houthi militia. The cruise operators are adjusting their itineraries to avoid the area, with some US and Swiss companies also canceling routes through the Red Sea. Despite these disruptions, the overall impact on the multi-billion dollar cruise industry is not expected to be significant. The oil market is making contingency plans for the Red Sea situation to last weeks, with fuel shipments to Asia and crude rerouted around Africa. Shipowners and charterers are avoiding the Red Sea following the attacks. Additionally, the volume of oil supply to Europe from the Middle East via the Red Sea has nearly halved due to the ongoing conflict.
The volume of oil supply to Europe from the Middle East via the Red Sea has nearly halved due to ongoing attacks by Yemen’s Houthi rebels https://t.co/cbhnMY0HL2 https://t.co/zHegAljOZC
The Oil Market Is Making Plans for Red Sea Chaos to Last Weeks Bookings made to send fuel to Asia, crude around Africa Shipowners and charterers are avoiding Red Sea after attacks #oott https://t.co/ZFYRdFZQ3v
🇺🇸🇨🇭🇾🇪‼️🚨 “A number of US and Swiss companies have canceled routes through the Red Sea due to attacks on ships by Houthi rebels” - Reuters https://t.co/wEmHuzC2BA
Some cruise operators have canceled or adjusted their itineraries to avoid the Red Sea due to attacks on ships by Houthi militia, but the overall impact on the multi-billion dollar industry is not expected to be significant. More here: https://t.co/QVaBwEA4Fp
Some cruise operators have canceled or adjusted their itineraries to avoid the Red Sea due to attacks on ships by Houthi militia, but the overall impact on the multi-billion dollar industry is not expected to be significant https://t.co/nI7zZJA3ng
⚠️ ROYAL CARIBBEAN, MSC CANCEL CRUISES DUE TO RED SEA ATTACKS⚠️ ROYAL CARIBBEAN, MSC CANCEL CRUISES DUE TO RED SEA ATTACKS (Reuters) Some cruise operators have cancelled or adjusted their itineraries to avoid the Red Sea due to attacks on ships by Houthi militia, but the… https://t.co/R54jdo6GKP