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Why Shippers Are Revisiting the Cape of Good Hope
As Houthi attacks in the Red Sea persist into mid-2026, global shipping lines are making a permanent pivot around Africa's Cape of Good Hope. Lucas and Luna break down the cost, the ripple effects on East African ports like Mombasa and Durban, and why this detour might outlast the conflict itself. Data from the SCFI shows spot rates on Asia-Europe routes have doubled since January. With fuel costs up 30% per voyage, retailers are already adjusting inventory strategies. Is this the end of the Suez Canal's monopoly on east-west trade? A focused look at one route changing global…
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