TRENDING
15-yr-old boy sentenced to 100 years in prison for killing woman in US • Bandits attack Catholic Bishop’s residence in Benue, abduct seminarian • NBA constitutes 40-member committee for 2026 annual conference • Bekwai MP invests in education, roads and community development • UNILAG faces backlash over singer Fola’s outfit at project defence • NNPCL releases financial statement, declares N535bn profit after tax from N4.4tn revenue • Don't politicise Upper East's exclusion from World Bank roads project – Rev. Akaribo • Group petitions EFCC, seeks Speaker, deputy’s probe over alleged N70bn OSOPADEC budget fraud • WAFCON 2026: Football enthusiasts back Super Falcons in spite defeat to Malawi • NDLEA arrests 49 in Edo, expresses concern over growing female involvement in drug-related crimes • World Bank says Nigeria can’t afford to miss AI revolution • MTN Nigeria to pay N26 dividend as half-year profit rises by 71% • Real Madrid issue Vinicius Junior contract ultimatum amid extension deadlock • Here’s why Glovo, Bolt, other consumer apps are racing to AI assistants • Natasha demands visa review for South African artistes • 2027: Opposition risks repeating 2023 mistakes, Lukman warns • NBE bars former Global Bank CEO Tesfaye Boru for five years • Oriire Abduction: Oyo Sets Up Judicial Commission of Inquiry • Two to Die for Ritual Killing of DELSU Student, Elozino Ogege • Walking upon the path of Taqwa • 15-yr-old boy sentenced to 100 years in prison for killing woman in US • Bandits attack Catholic Bishop’s residence in Benue, abduct seminarian • NBA constitutes 40-member committee for 2026 annual conference • Bekwai MP invests in education, roads and community development • UNILAG faces backlash over singer Fola’s outfit at project defence • NNPCL releases financial statement, declares N535bn profit after tax from N4.4tn revenue • Don't politicise Upper East's exclusion from World Bank roads project – Rev. Akaribo • Group petitions EFCC, seeks Speaker, deputy’s probe over alleged N70bn OSOPADEC budget fraud • WAFCON 2026: Football enthusiasts back Super Falcons in spite defeat to Malawi • NDLEA arrests 49 in Edo, expresses concern over growing female involvement in drug-related crimes • World Bank says Nigeria can’t afford to miss AI revolution • MTN Nigeria to pay N26 dividend as half-year profit rises by 71% • Real Madrid issue Vinicius Junior contract ultimatum amid extension deadlock • Here’s why Glovo, Bolt, other consumer apps are racing to AI assistants • Natasha demands visa review for South African artistes • 2027: Opposition risks repeating 2023 mistakes, Lukman warns • NBE bars former Global Bank CEO Tesfaye Boru for five years • Oriire Abduction: Oyo Sets Up Judicial Commission of Inquiry • Two to Die for Ritual Killing of DELSU Student, Elozino Ogege • Walking upon the path of Taqwa
ESL Says Commercial Review Underway as Middle East Tensions Disrupt Shipping
Back to Home

ESL Says Commercial Review Underway as Middle East Tensions Disrupt Shipping

Capital Ethopia about 1 hour 2 mins read

State-owned Ethiopian Shipping and Logistics (ESL) says it is closely monitoring the evolving security situation in the Red Sea and the wider Middle East, while weighing commercial options to keep Ethiopian cargo moving without disruption.

ESL Chief Executive Officer Abdulber Shemsu said the company is assessing whether to introduce feeder services in the region or reroute vessels on longer voyages, depending on how the situation develops.

“We will make our decision based on commercial analysis because the situation is still unfolding,” Abdulber told Capital. “Our priority is to ensure that goods destined for Ethiopian customers continue to move.”

He noted that the company has previously operated under difficult circumstances. During the height of the conflict between the United States and Iran, ESL vessels continued calling at the Port of Khor Fakkan in the United Arab Emirates to transport essential cargo for Ethiopia despite heightened security risks.
“Our diplomatic advantage has helped Ethiopian-flagged vessels continue operating in volatile waters,” he said.

The Red Sea, which had remained relatively calm for much of the past year, has become a renewed source of concern in recent weeks, adding to tensions already affecting the Persian Gulf. The deteriorating security environment has raised fresh concerns over global shipping, with cargo movements—including Saudi oil shipments—coming under pressure.

Since the escalation of the conflict in the Middle East, Yemen’s Ansarallah movement has threatened vessels and shipping companies linked to Israel or countries it considers to be supporting Israel. Despite those risks, ESL, which operates a fleet of 10 deep-sea vessels, has continued sailing through the region without interruption.

New uncertainty also emerged this week following reports that Ansarallah could seek to impose transit fees on ships passing through the Bab el-Mandeb Strait. In a statement issued on Wednesday, the Djiboutian government firmly rejected any unilateral attempt to levy charges on one of the world’s busiest maritime corridors, arguing that the strait is an international waterway where vessels enjoy the right of free navigation.

This article was sourced from an external publication.

Share this article
OneClick Africa Logo

Africa's premier digital hub for impactful news, entertainment, and business insights.

© 2026 OneClick Africa. All rights reserved.