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PostHeaderIcon ... Fighting piracy by rerouting ships ?

It is becoming one of the solutions to piracy in the Gulf of Aden: ships go the long way, around the Cape of Good Hope instead of Suez Canal. In addition some reroutings are claimed to be due to economic reality and high Suez Canal fees.

BIMCO (an international shipping association based in Danmark) has put together a cost analysis for such a switch that takes into account Suez Canal fees or VLCC delightering costs prior to transiting canal.

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See the whole article at BIMCO website.

Earlier this year Hapag-Lloyd and other members of the Great Allience, have opted to reroute their eastbound ships via Good Hope, no mention of piracy. View article at Hapag-Lloyd.com

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Last Updated (Saturday, 12 December 2009 14:24)

 
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