An international company decides to stop sailing through the Red Sea
The Greek company, Star Bulk, decided to stop sailing through the Red Sea after the Iranian-backed Houthi militia attacked its ships in recent days.
Petros Pappas, CEO of the company, confirmed that from now on, we will not cross the Suez Canal because it is clear that we are a target for the terrorist Houthis, being a company listed in the United States.
He said that we asked the charterers of two ships to avoid passing through the Suez Canal, but they asked to abide by the charter agreement and pass to the Red Sea.
