1.7 million TEU extra needed to cope with Red Sea blockade

Capt. John

CONTAINER shipping lines could speed up vessels to make up for longer voyages, as they will require additional capacity to maintain services that typically used the Red Sea route, reports London’s Lloyd’s List. Analysts say up to 1.7 million TEU additional capacity to will be needed to reroute all their services that normally use the Red Sea route via the Suez Canal following the Houthi attacks Rerouting all containership traffic around Africa would soak up five to six per cent of global...


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