How Red Sea crisis ‘saved liner shipping’ in 2024 and drove billions in profits
New Alphaliner data highlights central role of Cape of Good Hope reroutings
Shipping lines faced a daunting task in 2024: How could they fill the historic number of new ships being delivered? Houthi attacks that forced longer routes around the Cape of Good Hope solved the problem. Data from Alphaliner reveals how significant the Red Sea impact has been