Normal Transit (Suez Canal / Bab el-Mandeb)
Diversion Detour (Cape of Good Hope)
Route Status
Diverted via Cape of Good Hope
Bab el-Mandeb Strait Security: RESTRICTED
Extra Transit Penalty
+10 days
+3,500 nautical miles
Estimated Extra Cost / Voyage
$1,250,000
Bunker fuel burn + vessel charter delay
Global Supply Risk
High
8.8M bpd oil exposed
Routing Strategy
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Operational Parameters & Market Sensitivity
Bunker Fuel Cost (VLSFO)
$620 / metric ton
Diversion Extra Distance
3,500 nm
Daily Oil Transit Flow (Bab el-Mandeb)
8.8 M bpd
Daily Container Volume Exposed
25,000 TEU / day
Vessel Cruising Speed
15.0 knots
Geostrategic Importance: The Bab el-Mandeb ("Gate of Tears") is a narrow 18-mile maritime chokepoint flanked by Yemen to the east and Djibouti/Eritrea to the west. It links the Indian Ocean/Gulf of Aden to the Red Sea and Suez Canal, carrying ~12% of global seaborne trade and ~8.8 million barrels of crude and refined petroleum per day. When transits are restricted, mega-containerships and tankers detour around the southern tip of Africa, adding 10 to 14 days and up to $1.25M+ in bunker and charter fees per voyage.
Cost & Supply Chain Ledger
Fuel Consumption Penalty:
$744,000
Charter Time Penalty (10 days @ $50.6k/day):
$506,000
Suez Toll Net Savings vs Detour:
-$0 (Excluded in Net Diversion Loss)
Net Economic Penalty per Voyage:
$1,250,000