In January, Spain's ports experienced a 25% increase in goods traffic due to Red Sea crisis diversions, with northern ports seeing a threefold increase.

Spain's ports saw a 25% increase in goods traffic in January due to the Red Sea crisis, causing shipping diversions around southern Africa. Northern ports like Santander and Bilbao experienced a threefold increase in transit volumes. Shipping companies prefer to use Spanish ports as entry points to Europe instead of passing through the Red Sea due to violence by Houthi rebels in Yemen.

February 26, 2024
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