(Gcaptain) The Panama and Suez canals could be the next institutions to be affected by the ongoing crisis in the container shipping industry, according to new analysis from Africa ports analyst and monitoring service portoverview.com

The twin factors of cellular overcapacity and rock-bottom bunker costs have, over the past year, led carriers to divert multiple sailings away from the world’s two principal trade arteries and reroute vessels around the southern African cape.

Its six-month report for the second half of 2015 quoted analysis from SeaIntel (portoverviw.com co-owner), which showed that since the end of October 2015, 115 vessels deployed on Asia-USEC and Asia-North Europe services have made the back-haul trip to Asia by sailing round the Cape of Good Hope rather than through the canals despite using them on the headhaul legs.

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