Successive Houthi ship attacks cause major trading companies to worry about rising shipping costs. Sumitomo Corporation says it is changing the route around the Cape of Good Hope when transporting steel materials, chemicals, etc.
from Asia to Europe. Toyota Tsusho has also stated that there is a risk that costs may rise due to the need to detour auto parts when transporting them to production bases around Turkey. There is a possibility that ship fares may rise in countries such as Africa, and the company expects this to have an impact into the next financial year.