Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage while also doubling transit time, according to LSEG Shipping Research, says an article published on gcaptain website.
Summary- Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage and double the transit time.
- Each voyage involving the rerouting of an Aframax tanker from Asia to NW Europe adds nearly a million dollars in...