the cape of good hope. that s an extra 3,500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc s aaron heslehurst that these extra costs are already being passed on to consumers. it s one of the most important arteries of global trade and having to re route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more as we have to get back then into into normal. so you need to see, i think, a stronger mobilisation. the other thing is that the level of threat is actually evolving and so for the coalition that is trying to put in place this safe passage, they need to constantly reassess the level of protection. but for us, it is really important that this is being addressed with diligence and with a strong mobilisation of the international community so tha
good to restore safe passage in the area? well, it is the beginning of the endgame, but i wouldn t expect to see carriers, container shipping activities to return to the area until at least early next month, depending of course on what happens next, because this is very much a developing situation. i know they plan to stick to keeping their services re rooted right now. at some point in time we will get a resolution that is stable in the area, but i think we still have to wait months more than days or weeks. if it doesn t work you could potentially open up as ceo of new problems in the region and potentially prevent ships from passing through that region for the foreseeable. i passing through that region for the foreseeable-
foreseeable. i think it is fair to assess that foreseeable. i think it is fair to assess that and foreseeable. i think it is fair to assess that and the foreseeable. i think it is fair to assess that and the global- foreseeable. i think it is fair to - assess that and the global shipping industry, the container shipping industry, the container shipping industry, is seeing the ugly face of geopolitics more often than ever before. we used to say that in the strait of hormuz, impacting mostly the imports of oil. but we are seeing now is more severe, narrowing in on container shipping. this is a tense area for shipping. without doubt this is not only the carriers that need to act, it is also the global shippers that also need to assess the geopolitical risk of their global supply chains in a different perspective. in the short term, what did they do? long term will they change their supply chains permanently? as we ve been hearing, the red sea crisis has already been pushing up the c