Turbulence in the shipping lanes of the Middle East opened the way for London shipbroker Clarkson to up its profit forecasts today, with more vessels being chartered as transport firms avoid the Red Sea.
Attacks there on ships from Houthi rebels in Yemen have increased after the war in Gaza. Longer voyages to avoid the flaring trouble has boosted wider demand in the industry, with ships taking longer journeys without using the Suez Canal.
