Recent attacks on cargo ships in the Red Sea not only affect oil transportation, but also cargo ships from Asia to Europe. All major carriers including CMACGM, COSCO, Evergreen, Hapag-Lloyd, Maersk, MSC and others are affected and have delayed shipments through the region.
A coordinated security operation called Operation Prosperity Champion, which so far includes six countries, is preparing to guide cargo through affected areas of Yemen, but this will slow down the movement of goods through the region.
According to reports from Taiwanese sources that some of these ships have their products on board, the ships are currently awaiting naval escort through the area. However, there may be shortages of some computer components for the foreseeable future, as well as many other products shipped via this route and through the Suez Canal.
According to the BBC, shipping goods from Taiwan to the Netherlands via the Red Sea and Suez Canal takes an average of 25.5 days, while the only alternative route via the Cape of Good Hope takes 34 days and adds additional fuel costs. Regardless of the additional shipping time and cost, some shipping companies appear willing to take longer routes to avoid being attacked. , which could have a knock-on effect on the prices of many consumer goods in Europe.