Drewry: One-Third of Global Container Shipping Capacity Impacted by Red Sea Crisis

The international container shipping faces a critical couple of weeks as ongoing attacks and reroutings in the Red Sea continue to impact the sector ahead of the Chinese New Year period.

According to Philip Damas, head of Drewry Supply Chain Advisors, the next 4-5 weeks will be crucial for global shipping and container traffic particularly between Asia and Europe as well as the Mediterranean.

Drewry estimates that more than 800 ships representing about 10 million twenty-foot equivalent units (TEUs), or approximately one-third of the world’s container ship capacity, is affected by the Red Sea attacks and reroutings around the Cape of Good Hope.

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