Traffic around Cape of Good Hope increases 134% as Red Sea attacks persist

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The geopolitical-led realignment of maritime navigation continued in Q1 2024 with a 67% decrease in the monthly average of containers passing through the Bab-al-Mandeb strait (pictured, top) compared to Q4 2023 (pictured, lower) reports Maritime AI company Windward in its ‘Q1 Trade Patterns and Risk Insights Report’.

At the same time there was a 134% increase in the monthly average of voyages through The Cape of Good Hope.

A 42% decrease in the monthly average of bulk vessels in the Panama Canal was also detected (compared to Q4 2023).

Windward says its full Q1 report “offers a deep dive into evolving geopolitical tensions and sanction regimes, newly developing risk regions, and an overview of global behavioural trends. It analyses the behaviour of tankers and cargo vessels from the world fleet; and scrutinises recent events, sanctions compliance, and deceptive shipping practices: including dark activities, ship-to-ship (STS) engagements, and location (GNSS) manipulation.”

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