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More ships avoid the Suez Canal

The crisis in the shipping industry together with the pirate threat off the Horn of Africa and in parts of the Indian Ocean makes several shipping companies save the expense of sailing through the Suez Canal, opting instead for the long trip south of Africa, estimates Leth Suez.

Photo: Josef Polleross

The crisis in the shipping industry together with the pirate threat off the Horn of Africa and in parts of the Indian Ocean makes several shipping companies save the expense of sailing through the Suez Canal, opting instead for the long trip south of Africa

“Ship owners and operators are constantly calculating to find out what makes more sense. No one can say definitively whether it’s the poor market of the shipping industry or the threat of piracy that is driving up the total cost of using the Suez passage, causing ship owners to sail the much longer trip south of Africa. A trip that typically takes 7 to 10 days extra,” says operations manager Jacob Guldager, Leth Suez in Copenhagen, agent for the Suez Canal:

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