Substitution reader
World · Interactive
Select a passage; the reading prices the detour, not the freight market.
Day costs are voyage estimates, indexed to the largest figure on the register. The tool prices the detour, not the freight market.
Bab el-Mandeb
BindingSubstitution readingAlternative
Cape of Good Hope routing
Day cost
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What it costs
Structural, not priced — see note below
The Cape routing is the industry’s standing answer to the strait’s war-risk zone — longer, but insurable at a known rate.
Chains routing through it
Container shipping
Energy shipping
Series read
War-risk premium quotes
AIS routing share
Comparative day costsIndexed to the largest day cost on the register · placeholder scale
HormuzNo sea alternative100% of the register's largest day cost
Bab el-MandebCape of Good Hope routing68% of the register's largest day cost
PanamaUS land bridge or Suez routing52% of the register's largest day cost
MalaccaRegional routing via the Sunda or Lombok straits18% of the register's largest day cost
Taiwan StraitLonger regional routing around the strait12% of the register's largest day cost
Assumptions
Vessel classHeld constant across a route’s alternatives so the comparison prices the route, not the ship.
Bunker priceRead at a single reference level; a real bunker move changes every route’s day cost together.
Port rotationAssumed unchanged — a rerouted vessel is assumed to keep the same calls, not skip them.
InsurancePriced separately from the day cost; a route’s war-risk premium is its own line, not folded into voyage days.