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Red Sea shipping crisis

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2025
DATE
07 - 02
How Red Sea Diversions Caused a 161% Surge in Lost Containers (576 Boxes Overboard in 2024)
WSC reports 576 containers lost at sea in 2024 - a 161% spike from 2023. 35% attributed to Cape of Good Hope detours avoiding Red Sea conflicts, with severe weather and fires compounding risks.
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