Global shipping giants announced the suspension of Red Sea routes

2023/12/20

The biggest news today: Four global shipping giants announced the suspensionof Red Sea routes due to the merchant ships being attacked near the RedSea-Mandeb Strait become more and more frequent recently! 

Quoted from CCTV News

Recently, cargo ships in the Red Sea have been frequently attacked by Yemen's Houthi rebels, causing chaos in the global supply chain. This lead to an important trouble, Mediterranean-Red Sea route transportation costs will surely soar in the short term,and transportation time would be extended by at least 15-20 days or even longer due to the detour around the Cape of Good Hope. 

Quoted from CCTV News

The Red Sea is located between northeast Africa and the Arabian Peninsula. It is connected to the Mediterranean Sea through the Suez Canal to the northwest, and to the Gulf of Aden through the Mander Strait to the south. It guards the main transportation routes of Asia, Africa and Europe. It is one of the busiest waterways in the world.

Customers who need to pass through the Red Sea route, please double check your stock and prepare new order plans in advance. Transportation costs is expected to continue rise in January 2024.