More than 60% of the maritime cargo volume that previously passed through the Suez Canal now takes a detour through South Africa. The agency writes about this “Hit the primer” He referred to Arsenio Dominguez, head of the International Maritime Organization (IMO), amid tensions in the Red Sea.
According to him, this was because the Houthis were threatening to attack Israeli-linked ships in the region. Some companies decided to stay away from the Suez Canal for security reasons.
In this context, Dominguez noted a significant increase in ship insurance costs, increased fuel costs and the burden on the crew.
The Houthis have said their actions in the Red Sea are aimed at helping Palestinians in the Gaza Strip and do not interfere with freedom of navigation. However, the US and the UK have been carrying out attacks against their targets in Yemen since mid-January.
In early February, it became known that Egypt received the same income from the tolls for ships passing through the Suez Canal in January. fallen From $804 million in 2023 to $428 million in 2024.
India before denied Buy Russian premium oil due to sanctions.