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Shipping traffic through the Suez Canal remains a little over half its pre-attack level, while traffic around the Cape of Good Hope is close to double its pre-crisis level. The article says ships that diverted from the Red Sea continue to take the longer route around Africa.
Longer voyages absorb vessel capacity and can increase transport costs and transit times for traded goods, including agricultural cargoes. Persistent diversion is supportive of ocean freight costs, though no rate change is reported.
maccus.frMarc WinerNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
