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© Ilfede

European and US container ports and forwarders are scrambling to obtain revised ETAs for vessels from Asia that have been re-routed around the Cape of Good Hope.

Meanwhile, there is speculation that ships heading for North Europe may be instructed to increase speed to grab terminal slots ahead of their competitors.

At an average service speed of 18 knots, diverting around Southern Africa will add around 10 days to voyage times to North Europe and could ...

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