Low Bunker Prices Aiding in Carriers Rerouting Bypassing the Suez Canal!

Capt. John

According to a LoadStar article written by Mike Wackett, with shippers seeking longer transit times during coronavirus lockdowns, carriers are considering routing some Asia-North Europe headhaul voyages via the Cape of Good Hope.

Rerouting Has Begun

It was reported last week that CMA CGM had re-routed its 16,020 teu CMA CGM Alexander Humboldt to Asia via South Africa, taking advantage of plummeting bunker prices and saving Suez Canal tolls.

According to Vessel Finder AIS data, the scrubber-fitted...

http://mfame.guru/low-bunker-prices-aiding-in-carriers-rerouting-bypassing-the-suez-canal/

Leave a Comment