East Africa: Why shipping costs are going to stay high in 2025

East Africa: Why shipping costs are going to stay high in 2025
January 31,2025

The announcement, even though indefinite, could be a big blow in the supply chain The decision by two shipping lines to totally avoid the Red Sea route from next year, amid mounting safety concerns caused by Houthi attacks, is projecting a further costlier importation for East Africans.

The shipping companies, Maersk and Hapag-Lloyd, said a joint statement last week that their new alliance, the Gemini Cooperation, would bypass the Red Sea from February 1,
2025.

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