Attacks on shipping in the Red Sea threaten to create a ‘‘chaotic” period for Europe’s manufacturers and retailers as supply chains are disrupted, logistics experts have warned.
Nearly all container ships have been rerouted away from the Suez Canal towards the longer route around the Cape of Good Hope since Yemen’s Iranian-backed Houthi militants last month stepped up attacks on vessels transiting the Gulf of Aden and southern Red Sea.
The shift mainly affects sailings between Asia and Europe, adding up to two weeks to the normal 35-day trip and creating long gaps between the arrivals of vessels in European ports.
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