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Five Tankers Reroute Around Houthi Blockade, Adding $6M Costs

7/23/2026

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Summary

Story summary

Five tankers altered course on July 22, 2026 after a Houthi blockade in the Red Sea.
Two vessels were rerouted to the Suez Canal while Liu Jiang Kou turned away in the Gulf of Aden.
Philoxenia and Alexandros anchored near Suez despite plans to load at Yanbu.
Braemar said rerouting adds 10,000 nautical miles, 34 days, $5 million in freight costs and $1 million in Suez fees per vessel.

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Story summary

Five tankers altered course on July 22, 2026 after a Houthi blockade in the Red Sea.
Two vessels were rerouted to the Suez Canal while Liu Jiang Kou turned away in the Gulf of Aden.
Philoxenia and Alexandros anchored near Suez despite plans to load at Yanbu.
Braemar said rerouting adds 10,000 nautical miles, 34 days, $5 million in freight costs and $1 million in Suez fees per vessel.