European goods to be costlier now

Flow of commerce: People walk on the beach as a container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal in El Ain El Sokhna in Suez, east of Cairo, Egypt. — Reuters

PETALING JAYA: Amidst an escalating Red Sea crisis, local shipping associations say those buying goods from Europe may have to fork out more.

This is because shipments will take a longer and safer route across South Africa’s Cape of Good Hope.