Over 100 Container ships were rerouted
around Southern Africa to avoid the Suez Canal as Houthi rebels attacked
vessels on the western coast of Yemen, disrupting global trade. According to
The Guardian, a shipping company has identified 103 ships that had changed
their routes, with more expected to go around South Africa's Cape of Good Hope.
The diversion has added about 6,000 nautical miles to the
Asia to Europe journey, extending the delivery time by three to four weeks for
products. The 192 km
Suez Canal is the quickest sea route between Asia and Europe.
Around 19,000 ships pass through the Suez
Canal annually, establishing it as one of the world's vital passages,
especially for the transportation of fossil fuels and commodities between Asia
and Europe. The ships that were diverted had the capacity to carry 1.3 million
20-foot (6-metre) containers. Additionally, oil and gas tanker routes have also
been redirected, with BP being the largest company to publicly announce it had
changed course