More than 100 container ships are taking the long route around Africa to avoid violence in the Red Sea, creating extra costs and delays, as the US weighs up how to respond to the latest threat to the global economy.
Logistics giant Kuehne+Nagel says 103 container vessels are rerouting from the Red Sea around Africa. Companies are also starting to look at using rail and air routes instead as the waterway that carries 12 per cent of global trade is deemed too perilous to pass.
