Maersk, Hapag-Lloyd Set for Return to Suez Canal Shipping
The Gemini partners said the change will improve transit times and help ease congestion as they monitor security in the Red Sea.
- On Monday, shipping group Maersk and Germany's Hapag-Lloyd announced that four more joint container services—AE5, AE11, AE12, and ME2—will resume sailings through the Suez Canal between Asia and Europe.
- Shippers previously abandoned the Asia-Europe corridor after attacks by Yemen's Houthis in the Red Sea forced vessels around Africa; Maersk and Hapag-Lloyd formed the Gemini network last year to cut costs and improve schedule reliability.
- By shifting these four services to the trans-Suez corridor instead of sailing around the Cape of Good Hope, carriers will offer more efficient transit times while joining the AE15 and AE19 services already transiting the Red Sea.
- Both carriers confirmed they will continue monitoring the Middle East security situation closely following military advances by the Iran-backed Houthi Movement westward to the Bab El Mandeb strait over the past week.
- The Suez Canal remains vital to efficient global supply chains as the fastest, most sustainable route between Asia and Europe, though long-term service viability depends on sustained Red Sea stability and absence of conflict escalation.
19 Articles
19 Articles
Major Shipping Lines Resume Suez Transit Despite Red Sea Risks
Major Shipping Lines Resume Suez Transit Despite Red Sea Risks - Maersk, Cosco and other carriers are restoring routes through the Red Sea and Suez Canal even as Houthi gains near Bab el-Mandeb underscore the region’s fragile security outlook
Maersk, Hapag-Lloyd Set for Return to Suez Canal Shipping
Shipping group Maersk said on Monday that four more of its joint container services with Germany's Hapag-Lloyd will resume sailings through the Suez Canal, as they gradually return to using the shortcut between Asia and Europe.The Asia-Europe trade corridor through the Suez Canal was abandoned by mo
Shipping’s Suez Comeback Gathers Steam Despite More Middle East Tensions
Five Cosco and OOCL services will resume Suez Canal transits this week even as the Houthis expand their foothold near the Bab el-Mandeb and uncertainty grows over the Strait of Hormuz.
The maritime transport group Maersk informed on Monday (14) that four more of its joint container transport services with the German Hapag-Lloyd will again sail through the Suez Canal, as the companies gradually resume the use of the shortcut between Asia and Europe. The trade route between Asia and Europe through the Suez Canal was abandoned by most shipping companies at the beginning of this decade, after attacks by the Houthis of Yemen in the…
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