In response to the escalating crisis in the Red Sea, ships have been forced to seek alternative pathways, notably the extended route around the Cape of Good Hope. This strategic detour has led to a significant elongation of travel distances and times, as well as increased fuel consumption, including from ships traveling at higher speeds to maintain schedules. The impact on regional supply chains has been profound, with the trade diversion causing a sharp uptick in the monthly distance traveled by vessels that once frequented the Red Sea.
