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MARITIME GEOPOLITICS

High-tech maritime control room displaying dense shipping traffic around the Cape of Good Hope, with Suez Canal activity shown as secondary data

Cape of Good Hope: the detour that became a doctrine

Three years after Houthi missiles drove the world’s container fleets southward, the Cape of Good Hope has graduated from emergency detour to default corridor. Brussels has yet to grasp the consequences

Pilot boat, tug, and buoy in a quiet Suez Canal scene with no passing ships and empty waterway stretching ahead

The Suez Canal recovery that never arrived

The Suez Canal recovery should be in full swing. The Houthis stopped attacking ships in November. War risk premiums collapsed. Yet container traffic remains 60% below 2023 levels