Reuters quoted Ishan Bhanu, senior agricultural commodities analyst at Kpler Data and Analysis Company, as confirming, “16 more ships were diverted this week, bringing the total grain shipments diverted to about 3.9 million tons, up from 3 million tons last week.”
About 7 million tons of grain usually pass through the Suez Canal into the Red Sea every month.
Reuters says that attacks continue Houthi group On ships, despite US-led air strikes on the group's sites in Yemen, means that more grain carriers will avoid the Red Sea route.
The Houthis carried out drone and missile attacks on ships in solidarity with the people Gaza. The Houthis say they are targeting ships with ties to or heading to Israel.
“Many of the diverted ships carry American grain cargo and are being cautious,” Bhanu said.
He added, “One of the ships that sailed from the American Gulf to China actually crossed the Suez Canal towards the south, but stopped for 11 days south of Suez before returning north to cross the canal, then sailing through Gibraltar.”
Bhanu added that large numbers of grain ships are still crossing the Red Sea.
He added that about 2.4 million tons of grain will pass through the Suez Canal in January, compared to 6.6 million tons in December.
2023 and 6.4 million tons in January 2023.
“Previously chartered ships often sail through the Red Sea, but booking ships for new cargoes is becoming increasingly difficult,” a German grain trader said.
“It is clear that air strikes will not stop the attacks quickly,” he added.