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Ocean Freight

Eight Saudi VLCCs reroute via Cape, adding 14 days and $600k fuel

Source: Lloyd's List Intelligence / Windward · 2026-08-10
Summary

Windward data shows eight Saudi-flagged VLCCs and two bulk carriers now divert around the Cape of Good Hope to avoid the Bab el-Mandeb blockade, adding about 14 sailing days and roughly $600,000 in extra fuel oil per voyage. Saudi ownership, not cargo origin, drives the rerouting.

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