Nearly three years after Houthi attacks forced most container lines to abandon the Red Sea/Suez route in favor of the longer trip around the Cape of Good Hope, rising freight rates and stretched capacity are prompting some carriers to reconsider. Reports indicate carriers are weighing a return to the shorter route as a way to ease the vessel shortage driving up costs.
The calculus remains risky: Houthi forces have continued sporadic attacks on commercial shipping, and any carrier resuming transits is betting operational savings will outweigh security risk — a bet that has not always paid off for those who tried it earlier in the conflict.
Source: The Maritime Executive — https://maritime-executive.com/shipping-news
