Suez Canal loses business to new route south of Africa

It is an expensive affair for the Suez Canal that several container vessels have started sailing around Africa, writes Alphaliner. The analyst firm estimates that it has already cost around USD 10 million.
Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix
Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix

The Suez Canal is losing significant business on the container carriers' new route from Europe to Asia, going south of Africa.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading