"Today, 70 per cent of the freight traffic that went through the Red Sea in 2023 is being rerouted via the Cape of Good Hope in southern South Africa," said a supply chain expert. PARIS: The closure of the Strait of Hormuz as well as tensions in the Red Sea are reshaping trade routes, with Africa becoming a hub of global container ship traffic, according to logistics and maritime sources. Over the past two months, the blockade has also pushed shipowners to find alternative land corridors to