Customers risk soaring freight costs and delays in the wake of Red Sea chaos

Prices will increase if ships have to sail around Africa. Up to 1.7 million teu are set to be affected by the chaos that resembles Ever Given’s Suez blockade.
Houthi military spokesman brigadier general Yahya Saree speaks about the recent attacks on two merchant ships in the Red Sea during a march in solidarity with the people of Gaza in the Yemeni capital Sanaa on Dec. 15, 2023. | Photo: Mohammed Huwais/AFP/Ritzau Scanpix
Houthi military spokesman brigadier general Yahya Saree speaks about the recent attacks on two merchant ships in the Red Sea during a march in solidarity with the people of Gaza in the Yemeni capital Sanaa on Dec. 15, 2023. | Photo: Mohammed Huwais/AFP/Ritzau Scanpix

More than 20 drone and missile attacks on ships in the Red Sea in a short period of time trigger major problems for global maritime container transportation.

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