Shipping disruptions in the Strait of Hormuz are forcing companies to take longer routes around the Cape of Good Hope, adding 10–14 days and extra costs of up to $1 million per trip. African ports see some benefit, but it won’t offset the increased expenses.
Al Jazeera’s Fahmida Miller reports.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X : https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.news/AJEMobile
#ShippingCrisis #HormuzStrait #GlobalTrade #MaritimeRoutes #CapeOfGoodHope #ShippingCosts #FuelPrices #LogisticsImpact #TradeDisruption #SupplyChain #AlJazeeraEnglish
