Majority of goods transportation by the world's largest mining company, BHP, no longer using the Red Sea route due to Houthi attacks on merchant ships. On January 25th, a spokesperson for BHP stated that some of their freight service providers have opted for alternative routes such as around the Cape of Good Hope, while others still lean towards using the Red Sea with additional security measures. However, the majority of BHP's goods transportation no longer utilizes this route." (Bloomberg)
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