Newsletter 16/2023: The impact of the Red Sea incidents on the ocean links

Newsletter 16/2023: The impact of the Red Sea incidents on the ocean links

Over the past few days, 20 attacks on merchant ships by Houthi rebels in western Yemen have been recorded. Container ships transiting the Red Sea and the Gulf of Aden have also been hit.

EXTRAORDINARY NEWSLETTER

The impact of the Red Sea incidents on the ocean
Europe's links with Asia and the Middle East

Over the past few days, 20 attacks on merchant ships by Houthi rebels in western Yemen have been recorded. Container ships transiting the Red Sea and the Gulf of Aden have also been hit. So far, there has been no loss of life of seafarers or major material damage.
Most shipowners have already announced the rerouting of ships on the Europe-Asia routes to the Africa route (around the Cape of Good Hope). Others are likely to do the same - possibly continuing to route their ships through the Suez Canal, but waiting for an armed escort to form (military ships have been sent to the area by France, the UK and the US) and sailing through the critical area in convoys.
 
In the picture you can see a visualisation of the current diversion of ships, produced by the analytical company Alphaliner.
 
Neither of these two options is good in terms of transport times. The circumnavigation of the Cape of Good Hope extends the journey by 14 days at best, but can reach delays of up to 1 month. In addition, there will again be a "bunching" of ships in front of the ports of discharge, as more may arrive at the same time in the same period. In addition to the illegible shipping times, this will undoubtedly put upward pressure on shipping rates. Whether because of the higher fuel consumption in circumnavigating Africa or the introduction of risk surcharges.
 
The MSC shipbuilder has already announced the introduction of the Contingency Adjustment Charge to the Middle East region.
So it is obvious that the rerouting of ships will also apply to the Middle East (Gulf, etc.) and India/Pakistan routes.
 
For shipments to or from China that require a predictable transit time, we recommend considering the use of rail. For other destinations - at least for critical cargo quantities then consider air or combined sea-air transport. After all, there are only a few weeks left before the Chinese holidays.
 
We will be happy to consult with you on solutions for specific shipments. sales@wakestone.cz
 

Other articles

Newsletter 19/2024: Actual situation in international transport

Houthi attacks in the Red Sea, the Gaza conflict, restricted traffic in the Panama Canal, strikes by train drivers in Germany, blockades of important transport hubs and cities by disgruntled farmers across Europe (including road links to the port of Hamburg or Zeebrugge), strikes at German airports.

Newsletter 18/2024: CBAM (Carbon offset mechanism at the border)

In one of our last newsletters last year, we informed you about the new obligation for importers of certain commodities to report their carbon footprint, the so-called CBAM.

Newsletter 17/2023: Transit time of sea shipments is unstable again

In the last edition of our regular newsletter we informed you about our digital plans for 2024. The current situation, where shipowners are diverting ships to safer routes around Africa under pressure from attacks on cargo ships in the Gulf of Aden, means that liner shipping schedules are once again being disrupted.

Write to us

By submitting the form you agree to the protection of your personal data.

Call me back

Leave us your phone number and we will get back to you.

By submitting the form you agree to the protection of your personal data.

NastavenĂ­ soukromĂ­ a cookies

Souhlasem se sdílením dat nám poskytnete informace, které potřebujeme pro zlepšování, analýzu a marketing napříč těmito webovými stránkami. Dále souhlasíte s předáním údajů třetím stranám a mimo EU. Prohlašujeme, že Vámi poskytnuté informace jsou zabezpečeny proti zneužití.

NastavenĂ­ soukromĂ­ a cookies

Souhlasem se sdílením dat nám poskytnete informace, které potřebujeme pro zlepšování, analýzu a marketing napříč těmito webovými stránkami. Dále souhlasíte s předáním údajů třetím stranám a mimo EU. Prohlašujeme, že Vámi poskytnuté informace jsou zabezpečeny proti zneužití.

Dejte nám prosím vědět, která data nám a našim partnerům dovolíte zpracovat.


Technická data

Trvale zapnuto

Webové stránky potřebují technická data pro správné fungování. Bez těchto dat by nebylo možné například vyhledávat, přehrát video nebo dokončit objednávku v e-shopu.

Analytické a statistické údaje

Analytické a statistické údaje nám pomáhají pochopit, jaké funkce jsou vaše oblíbené, co nám na webu nefunguje, jaké zařízení pro prohlížení stránek používáte a mnoho dalších.