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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
Global shipping experts say diverting Asia-bound vessels from the Red Sea down to South Africa's Cape of Good Hope would increase shipping costs and delays as ships navigate a longer distance. James M. Dorsey, a senior fellow at Nanyang Technological University's S. Rajaratnam School of International Studies in Singapore, says diverting the vessels will not just increase transport time, it also means a large jump in insurance and fuel costs, delayed delivery, and even impact inflation in some countries.