After the continuous attacks of the Houthis… the cost of maritime transport rises by 100%
Figures published by the WCI Maritime Transport Index revealed that the cost of maritime transport for European companies has increased by 100% due to the tense situation in the Red Sea and the rerouting of ships to the Cape of Good Hope.
According to the numbers, ship traffic around the Cape of Good Hope last week reached 262 ships, or 3.4 million containers, an average of 12% of the global fleet.
Economists expected that the price rise would affect the entire maritime transport sector, not just ships passing through the Red Sea.
In the same context, the Danish shipping company Maersk announced in a statement that all of the company’s ships that were scheduled to cross the Red Sea and the Gulf of Aden will turn south to circle the Cape of Good Hope route in the near future.
The company said on Friday, “The situation is constantly evolving and is still very fragile, and all available information confirms that the security risks are still very high”.
The company added: “Therefore, we have decided to divert all Maersk ships that were to cross the Red Sea and the Gulf of Aden towards the south around the Cape of Good Hope in the near future”.
