2024.01.21 18:15 GMT+8

Asia-Europe shipping rates soar as Red Sea crisis drags on

Updated 2024.01.21 18:15 GMT+8
CGTN

Shipping costs are surging, as hundreds of container ships are being rerouted around southern Africa's Cape of Good Hope to avoid attacks by Yemen's Houthi group in the Red Sea. The detour around the Cape of Good Hope increases sailing time from Asia to Europe by up to 20 days.

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