It’s piracy on the high seas, me lads and lassies. Half of Red Sea container ship fleet avoids route after attacks
The attacks in the Red Sea are being carried out by Yemen-based Houthis. Read more at straitstimes.com. WWW.STRAITSTIMES.COM https://www.straitstimes.com/world/middle-east/half-of-red-sea-container-ship-fleet-avoids-route-after-attacks The tally compiled by Flexport shows 299 vessels with a combined capacity to carry 4.3 million containers have either changed course or plan to.
That is about double the number from a week ago and equates to about 18 per cent of global capacity. Here’s a video showing how ships have rerouted:
X Post Loading… Trips around the Cape of Africa can take 25% longer, which drives up the cost of fuel. Those trips are more costly and may lead to higher prices for consumers on everything from sneakers to food to oil if the longer journeys persist. It should be noted that the Pentagon attempted to form a coalition […]
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