News

Eighteen shipping companies re-routing around Africa amid Red Sea attacks: UN

Red Sea container shipping down 30% over attacks: IMF
Source: Pixabay

Eighteen shipping companies are re-routing their vessels around Africa to avoid the Red Sea amid an upsurge in attacks on shipping, blamed by Western countries on Yemen’s Huthi rebels, the UN’s maritime agency said Wednesday.

“A significant number of companies, around 18 shipping companies, have already decided to reroute their vessels around South Africa in order to reduce the attacks on vessels,” said International Maritime Organization chief Arsenio Dominguez.

“(This) represents an additional 10 days to the journeys (and) negative impact on trade and on increasing freight rates.”

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







Daily Newsletter