Red Sea transits: selectivity rules for liners as the arithmetic changes

Since the Houthis began attacking ships in the Red Sea in October 2023, the Suez Canal has been the missing link for containerships sailing from Asia to Europe. The arithmetic was straightforward: ships could either take the Suez route and expose themselves, their crews, and cargo to Houthi attacks, or sail thousands of additional miles around the Cape of Good Hope, which, for most became the rational choice – although opportunistic ... The post Red Sea transits: selectivity rules for liners as the arithmetic changes appeared first on The Loadstar .