The suspension of ship passage through the Red Sea may continue for a long time. Global economy faces significant consequences, writes Finance Times Citing the words of the chairman of the Danish transport and logistics company AP Moller-Maersk Vincent Clerk.
“It is not clear to us whether we can talk about restoring the causeway [судов] We crossed the Red Sea for days, weeks or months. The Maersk CEO said this could potentially have very significant consequences for global growth.
In mid-December Maersk temporarily stop Transportation of all cargo via the Red Sea. The reason was the Houthis’ attacks on the company’s ships. Container ships are now forced to use the route passing through the Cape of Good Hope. As a result, the mileage increased by approximately 13 thousand km and the company’s fuel costs increased by 50%. This also affected the cost of transportation. Prices per container increased by hundreds of dollars.
Previously reportedThe United States plans to form a coalition in the Red Sea to deter Houthi attacks on ships.