Cape of Good Hope Route Costs Korean Shipping Companies up to US$2 Million More than Suez

Indiscriminate attacks by Yemen’s Islamist Houthi rebels have forced major shipping companies to divert their routes around the Cape of Good Hope off the southern tip of Africa instead of the Suez Canal in the Red Sea, costing them up to US$1.5 million to …
Cape of Good Hope Route Costs Korean Shipping Companies up to US Million More than Suez