SPOT rates have surged as carriers impose surcharges to cover the costs of rerouting vessels via the Cape route to avoid Red Sea Yemeni missile attacks, reports New York’s Journal of Commerce. Eight of the world’s top 10 container carriers are now sailing around the Cape of Good Hope, with Cosco and Hong Kong’s OOCL becoming the latest to announce suspensions through the Suez Canal. Thus far, 121 containerships with a capacity of 1.6 million TEU were taking the longer route, according to...
https://www.seanews.com.tr/shipping-lines-levy-red-sea-cape-route-detour-charge/199223/