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Cape of Good Hope Traffic Just Hit Its Lowest Level Since January 2024 — the Reason Is Still Only Half the Story
10/30/2026
For two years, "Cape diversion" has been shorthand for a Red Sea crisis that wasn't going away. That shorthand is now wrong, at least directionally. Lloyd's List reports that Cape diversions have fallen to their lowest level since January 2024, with more than 100 containerships o…
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