# Nexterus Helps Clients Understand International Shipping Issues in the Red Sea

> Nexterus, a third-party logistics provider, says container carriers are diverting ships away from the Red Sea after Houthi militant attacks and threats against vessels bound for Israel. Rerouting around the Cape of Good Hope adds 10 to 14 days to voyages and is causing port backups and vessel shortages.

- Date: 2023-01-04 · published 2023-01-04T12:00:00.000Z
- Category: logistics · region Red Sea · magnitude medium
- Page: https://feedsoft.ai/events/37672-nexterus-helps-clients-understand-international-shipping-issues-in-the-red-sea
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Longer voyages absorb container capacity and push up freight rates, raising costs for feed ingredients moving by ocean on Asia-Europe and transpacific routes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- nexterus.com: https://www.nexterus.com/2024/01/04/nexterus-helps-clients-understand-international-shipping-issues-in-the-red-sea/

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