10-14 day Asia-Europe delays are possible on diverted lanes.
Red Sea route diversions
Major carriers have rerouted vessels around the Cape of Good Hope, adding 10-14 days to Asia-Europe transit times. This is creating a significant spike in spot rates across major trade lanes.
Insurance surcharges
War-risk premiums for vessels transiting the Red Sea have increased dramatically. Shippers should review cargo insurance coverage and work with brokers to understand exposure.
What shippers should do now
Review all shipments routing through the Red Sea or Suez Canal corridor, evaluate alternative routings and modal options, build contingency lead-time buffers, and contact your Crane account manager for a lane-specific assessment.
Turn market intelligence into action
Talk with a Crane expert about capacity, routing, and trade-policy risks affecting your supply chain.