NOW that the Cape route in the Asia-Europe trade has become the standard diversion as rocket attacks on the Suez route enters its second year, shipping costs are mounting, reports the New York Times. On average, 136 containerships a week have travelled around the Cape of Good Hope this year, compared with 40 before the Houthi attacks started, according to data from Lloyd’s List Intelligence, a shipping analytics company. The cost of shipping a container from Asia to Northern Europe is up 270...
https://www.seanews.com.tr/costs-mount-as-houthi-suez-attacks-enter-second-year/202346/