Shipping Group CMA CGM Scales Back Suez Sailings on Geopolitical Risks

How Egypt is reviving the Suez Canal after maritime attacks sank traffic

Attacks by Houthi rebels in the Red Sea scared off much of the shipping that used the Suez Canal, depriving Egypt’s ailing economy of vital revenue.

Shipping group CMA CGM scales back Suez sailings on geopolitical risks

Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in plans to expand transits after two years of disruption linked to attacks on vessels.

CMA CGM Retreats from Return to Suez-Red Sea Corridor for Three Routes

In a brief statement issued to customers, French carrier CMA CGM announced that it would be resuming rerouting vessels via the Cape of Good Hope. The...

CMA CGM shifts Suez services back to Cape of Good Hope route

CMA CGM, the world's third-largest liner, has taken a different position from analysts who expected container lines to return to the Suez Canal following a three-month ceasefire on merchant shipping by the Houthis. Referring to the "complex and uncertain international context", the French carrier…

CMA CGM backtracks on Suez return and reverts to Cape of Good Hope route

Despite the return of some lines, the French carrier is rerouting vessels around southern Africa

CMA CGM leads rethink on Suez return as political uncertainty rises

CMA CGM announced today it would reroute vessels deployed on select Asia-Europe services planned to transit the Suez Canal, due to the heightened political tension in the Middle East. “In light of the complex and uncertain international context, the CMA CGM group is constantly and closely monitoring all potential impacts on its operations,” the French carrier told customers. “As a result, the group has decided for the time being to reroute vesse…