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ContainerMath summarises and classifies this report; we do not reproduce it. Read the original for the full account.
What this moves
Context or analysis — nothing has stopped moving.
No freight-market transmission has been identified for this story yet. It is listed for context.
The corridor
Bab el-Mandeb Strait
Global chokepointRed Sea / Gulf of Aden
The southern gate to the Red Sea, between Yemen and Djibouti. Suez is only useful to a ship that can get through here first, which is why the two are effectively a single routing decision.
Down from 9.3 million b/d in 2023 — more than half the traffic left in a single year. LNG flows have been near zero since 2024.
How disruption here transmits
Bab el-Mandeb and Suez are one decision, not two: a carrier avoiding this strait has already given up the canal, so disruption here shows up in Suez transit counts.
It sits inside the Joint War Committee's listed areas, so hull war-risk premiums and crew-hazard terms are priced per transit rather than absorbed in normal operating cost.
Vessel-tracking and canal-transit counts move within days of an incident, well before any freight index prints — this is the leading indicator for Asia–Europe cost.
Realistic alternatives
Cape of Good Hope, with the same ten-days-each-way penalty as a Suez diversion.