Not a chokepoint but the relief valve: the standing alternative to Suez, and the route that absorbs Asia–Europe traffic whenever the Red Sea is judged unsafe. Its traffic level is the cleanest single read on how much the world trusts the Red Sea this month.
Standing structural relationships, not forecasts. We name the direction and the mechanism, and link the published index where you read the current value — we do not quote a number we cannot cite.
The routing burns more fuel per voyage, raising bunker demand at South African and West African bunkering ports.
Southern-ocean weather routing adds variance as well as distance, so on-time performance degrades further than the extra days alone imply.
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