# Boston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Vessels avoiding Red Sea amid ongoing Houthi rebel attacks, adding costs and delays

> Vessels are avoiding the Red Sea because of ongoing Houthi attacks, which adds cost and delay. About 15% of world shipping traffic normally transits the Suez Canal.

- Date: 2019-03-06 · published 2019-03-06T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/60004-boston-herald-boston-news-sports-politics-opinion-entertainment-weather-and
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rerouting around Africa adds transit time and fuel cost, which supports higher freight rates on Europe-Asia grain and feed cargoes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- markets.bostonherald.com: http://markets.bostonherald.com/bostonherald/news/read/43809369/vessels_avoiding_red_sea_amid_ongoing_houthi_rebel_attacks

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