On Monday, British oil giant BP and Taiwan's Evergreen became the latest to suspend transit in the Red Sea amid drone and missile attacks by Houthi rebels in Yemen. The firms join several of the world's biggest freight companies in avoiding the waterway, though which 12% of global trade passes every year. In avoiding the area, ships will have to navigate around southern Africa, potentially adding about 10 days to the journey and hundreds of thousands of dollars in fuel costs.
Read more about this story in our article: Thanks to france24english