Suez Return Could Flip Container Shipping From Capacity Shortage to Surplus

Suez Return Could Flip Container Shipping From Capacity Shortage to Surplus

Global container shipping is approaching an unusual reversal: congestion and disrupted schedules are absorbing an estimated 1.7 million TEU of deep-sea capacity, just as the gradual return to the Suez Canal begins releasing vessels back into the market. The result could be a rapid swing from today’s shortage of usable vessel space towards temporary oversupply […]

Readers Speak: Suez return advances, but normality remains distant

Container shipping activity through the Suez Canal is increasing, but readers are not yet convinced that the route has returned to normal. Recent weeks have brought a series of moves towards the Red Sea and Suez route. Hapag-Lloyd and Maersk are returning four Gemini Cooperation services, while MSC has partially restored Suez transits on its […]