Half of Red Sea Container-Ship Fleet Avoids Route After Attacks bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
he tally compiled by Flexport Inc. shows 299 vessels with a combined capacity to carry 4.3 million containers have either changed course or plan to. That’s about double the number from a week ago and equates to about 18% of global capacity.
299 Containerships Reroute to Avoid the Red Sea, Doubling in Number from Last Week gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.
Major shipping companies are diverting half of their container fleet away from the Suez Canal route, opting instead for the longer journey around Africa, impacting global shipping capacity and potentially consumer prices.
Trade Routes: Houthi militants, in a show of support of Hamas in its war with Israel, are attacking merchant ships as they sail past Yemen en route to — or from — Egypt’s Suez Canal.