# The Red Sea crisis: Renewed attacks keep shipping at risk | project44

> project44 reports container vessels remain most affected by Red Sea attacks, with Suez Canal container traffic down about 75% in 2024 versus 2023 and no recovery through July 2025. Diversions have lengthened transit times, with Southeast Asia to US East Coast up 47% and China to Europe up 25%.

- Date: 2025-08-21 · published 2025-08-21T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/16925-the-red-sea-crisis-renewed-attacks-keep-shipping-at-risk-project44
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Persistent Suez avoidance keeps long-haul freight and bunker costs high, supporting ocean freight rates on Asia-bound and Europe-bound feed and grain trades.

## Read by commodity

- BRENT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-10-03 | [Red Sea shipping risks stay high as Houthis end ceasefire](https://feedsoft.ai/events/16911-red-sea-shipping-risks-stay-high-as-houthis-end-ceasefire.md) | +2.2% | +0.4% |
| BRENT | 2025-07-09 | [FACTBOX: Red Sea transits in renewed focus following Houthis' first attacks in 2025 \| S&P Global](https://feedsoft.ai/events/16933-factbox-red-sea-transits-in-renewed-focus-following-houthis-first-attacks-in.md) | -2.6% | -4.1% |
| BRENT | 2023-12-19 | [Oil rises 1% as Red Sea shipping concerns unnerve traders](https://feedsoft.ai/events/32884-oil-rises-1-as-red-sea-shipping-concerns-unnerve-traders.md) | +2.8% | -0.1% |
| BRENT | 2026-07-23 | [Oil prices surge to $100 per barrel after Red Sea attacks](https://feedsoft.ai/events/9927-oil-prices-surge-to-100-per-barrel-after-red-sea-attacks.md) | -9.5% | -7.3% |
| BRENT | 2025-08-07 | [Red Sea crisis still forcing costly detours - Maersk \| AGBI](https://feedsoft.ai/events/16924-red-sea-crisis-still-forcing-costly-detours-maersk-agbi.md) | -2.2% | +0.4% |

## Sources

- project44.com: https://www.project44.com/supply-chain-insights/the-red-sea-crisis-ceasefire-collapse-leaves-red-sea-in-tumultuous-state/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.