Cape of Good Hope Routings Slow Down As Oil Rebounds!

Capt. John
industrial port with containers

According to a LoadStar article written by Mike Wackett, all three east-west vessel-sharing alliances have continued to route some vessels via the Cape of Good Hope to avoid Suez Canal fees, despite discounts that kicked in on 1 May.

The Carbon Footprint Challenge

However, several shippers have complained about the additional carbon footprint the extended journeys generate.

For example, a voyage from Asia to North Europe via the Cape adds some 3,000 miles and five to...

https://mfame.guru/cape-of-good-hope-routings-slow-down-as-oil-rebounds/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon