Shipping lines that continue to carry out transportation through the Suez Canal and the Red Sea charge freight surcharges in the amount of $ 400-600, Victoria Vlasova, director of the production department of Novelco, told an industry webinar.
Small little-known Chinese lines, some Indian carriers and the HubShipping line have not abandoned this route and continue to transport. According to the International Monetary Fund, in February 2024, the volume of maritime traffic through the Suez Canal decreased by 55% compared to last year amid the escalation of the Palestinian-Israeli conflict and threats to navigation in the Red Sea. At the same time, the volume of maritime traffic through the Cape of Good Hope off the coast of South Africa increased by almost 75%. At the same time, at the end of 2023, the world's largest shipping lines – CMA CGM, MSC, Maersk and Hapag-Lloyd – stopped using the Suez Canal as unsafe.
