Financial Ports

Southern Routes to Asia: Why Cape Horn Is a Risky Last Resort

CLAVE 1 / 49 daily Neopanamax slots remain at the Panama Canal, but draft restrictions and Houthi threats are squeezing alternatives.

CLAVE 2 / 4Vessels using the Drake Passage face severe weather, cargo shift risks, and limited salvage assistance.

CLAVE 3 / 4The Strait of Magellan offers shelter but demands local pilotage and narrow-channel navigation.

CLAVE 4 / 4Panama remains Plan A for US East Coast–Asia routes, with Suez as Plan B—if security allows.

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