Business Day

Trafigura assesses Red Sea risks

- Muhammad Al Gebaly and Nilutpal Timsina

Commoditie­s trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighte­rs put out a blaze on a tanker attacked by Yemen’s Houthi group a day earlier.

The US military said a US Navy ship and other vessels provided assistance after the Marlin Luanda was hit by a Houthi anti-ship missile.

“No further vessels operating on behalf of Trafigura are currently transiting the Gulf of Aden and we continue to assess carefully the risks involved in any voyage, including in respect of security and safety of the crew, together with ship owners and customers,” a Trafigura statement said.

Some shipping companies have suspended transits through the Red Sea, which is accessed from the Gulf of Aden, and taken much longer, costlier journeys around Africa to avoid being attacked by Yemen’s Iranianbac­ked Houthi group, which began launching waves of exploding drones and missiles at vessels on November 19 in response to Israel’s military operations in Gaza.

The Houthi attacks have primarily targeted container vessels moving through the Red Sea. Many fuel tankers have kept using the route.

A notable exception is QatarEnerg­y, the world’s second-largest exporter of liquefied natural gas, which earlier in January stopped sending tankers via the Red Sea, citing security concerns.

Over several hours early on Saturday the Marlin Luanda’s crew battled a blaze in one cargo tank on the vessel’s starboard side, Trafigura said in a statement. By Saturday afternoon the blaze was extinguish­ed and all crew were safe, it said.

“The vessel is now sailing towards a safe harbour,” said Trafigura, adding that the firefighti­ng effort had been supported by Indian, US and French navy vessels.

The Marshall Islands-flagged Marlin Luanda issued a distress call on Friday and reported damage, US Central Command said in a post on X, formerly Twitter. The USS Carney and other coalition ships were providing assistance to the tanker, it said.

India’s navy deployed INS Visakhapat­nam, a guided missile destroyer, after receiving a distress call from the Marlin Luanda, which had 22 Indian and one Bangladesh­i crew on board, an Indian Navy spokespers­on said.

The tanker was carrying Russian naphtha purchased below the price cap in line with Group of Seven sanctions, a Trafigura spokespers­on said.

US and British warplanes, ships and submarines have responded to the Houthi attacks on shipping in recent weeks with dozens of retaliator­y strikes across Yemen against Houthi forces.

About eight hours after the Marlin Luanda incident, the US military destroyed a Houthi antiship missile that was aimed into the Red Sea and ready to launch, Central Command said.

The missile “presented an imminent threat to merchant vessels and the US Navy ships in the region”, it said.

The Houthis’ Al-Masirah television said on Saturday that the US and Britain launched two air strikes that targeted the port of Ras Isa, Yemen’s main oil export terminal.

It was not clear if this was the strike referred to by Central Command. The US Fifth Fleet did not immediatel­y respond to a request for comment. The British defence ministry declined to comment.

 ?? /Reuters ?? Fire onboard: Smoke rises from Marlin Luanda, a merchant vessel, after the vessel was struck by a Houthi antiship missile in the Gulf of Aden on Friday.
/Reuters Fire onboard: Smoke rises from Marlin Luanda, a merchant vessel, after the vessel was struck by a Houthi antiship missile in the Gulf of Aden on Friday.

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