1500 to 4000 US$ of surcharges per container with the Middle East

Reefer containers are stranded near the strait with no clear timeline for release. Rerouting around Cape of Good Hope adds 2–3 weeks to transit times, a window most fresh fruit and vegetables simply can't survive without significant quality loss, cold chain cost increases, or both. Middle Eastern countries, which import 85% of their food, are facing the most acute shortages immediately, but the ripple effect on European and Asian import markets is already being felt through tighter supply and rising freight surcharges of US$1,500 to $4,000 per container. According to Helios AI analysis, Prices of agriculture commodities also started to be affected with a +7 to 8% rise for sugar cane and corn as example. Source: Helios AI

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