The complex and expensive 6,500 km detour that large cargo ships must take to avoid attacks in the Red Sea
Maritime traffic in the Red Sea has fallen by 22% due to attacks by the Houthis, according to the EU. The crisis with the Houthis in the Red Sea has begun to affect the profits of companies, increasing transportation costs by 300%.
Large cargo ships are being forced to take a costly and lengthy 6,500 km detour to avoid the attacks, leading to a significant impact on maritime traffic and shipping costs.
The increase in transportation costs is a result of the ongoing conflict with the Houthis in the Red Sea, making it increasingly difficult for companies to operate in the region.
The situation has become a major concern for businesses and governments, as it not only affects profits but also disrupts global trade and supply chains.
As the crisis in the Red Sea escalates, the international community is urged to find a resolution in order to mitigate the impact on maritime traffic and shipping costs.