The 2024 data from the World Shipping Council and South African Maritime Safety Authority underscores a specific and growing operational risk for global shipping: increased container loss due to rerouting around the Cape of Good Hope, which has replaced the Red Sea-Suez Canal corridor for many vessels due to geopolitical instability. The prime suspect is […] The post How Cape of Good Hope rerouting is skyrocketing container loss risk appeared first on Container News .