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© Cnes 2021

Carriers appear to have given up hope that the threat to vessels transiting the Red Sea will end any time soon, and are starting to re-route back northbound through the Suez Canal, to cross the Mediterranean and around the Cape of Good Hope, costing time and money.

The major container lines had paused all routings through the Suez Canal into the waterway after a series of attacks in the Red Sea against by Iranian-backed Houthi rebels, seemingly ...

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