Container Losses Double in 2024 as Red Sea Crisis Forces Global Shipping to Riskier Cape Route
Cape Route Chaos: Surge in Containers Lost at Sea as Global Shipping Reroutes Around Africa Global shipping has entered a period of heightened operational risk, with the number of containers lost at sea more than doubling in 2024 compared to the previous year. New data from the World Shipping Council (WSC) and the South African Maritime Safety Authority (SAMSA) attributes the increase to a surge in vessels rerouting around the
