Container shipping resumes Suez Route amid renewed Red Sea risks
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The Canal Authority is recording signs of the return of large containerships to the Suez Canal, with the first passage of the OOCL PORTUGAL, a COSCO SHIPPING Lines ship, after the tensions in… COSCO: Return to the Suez Canal with the OOCL PORTUGAL - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
COSCO returns to Suez Canal as OOCL Portugal makes southbound transit
COSCO Shipping Lines has made its first southbound transit through the Suez Canal since the Red Sea and Bab el-Mandeb tensions disrupted shipping patterns, according to the Suez Canal Authority (SCA). The milestone came with the transit of the OOCL Portugal on 16 September. The vessel was sailing from Belgium to China as part of […]
Container carriers are gradually restoring routes through the Red Sea and the Suez Canal after nearly three years of massive circumnavigation of Africa. Currently, just over a quarter of container capacity in the Europe-Asia direction passes through Suez, compared to 17% in early August. Maersk and Hapag-Lloyd decided to transfer four more service lines across the Red Sea instead of the route around the Cape of Good Hope. MSC also [...] The post…
Container shipping resumes Suez Route amid renewed Red Sea risks
CAIRO: Container shipping’s return to the Suez Canal is gathering pace, even as fighting around the southern entrance to the Red Sea is moving in the opposite direction. The 24,188-TEU OOCL Portugal transited the Suez Canal on Wednesday on a voyage from Belgium to China, marking what the Suez Canal Authority described as COSCO SHIPPING […]
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