US EditionMaersk ramps up Suez Canal return that could dampen freight rates
Maersk resumes MECL service via the Suez Canal after Houthi attacks, cutting up to a week off transit times to improve shipping efficiency, the company said.
- Maersk said its weekly service connecting the Middle East and India with the U.S. east coast, known as MECL, will be first in the group's staggered return to the Suez route, starting on January 26 with a sailing departing Oman's port of Salalah.
- After the successful trans-Suez transits of two vessels in the past weeks, A.P. Moller- Maersk has decided to implement the first structural change of a service back to the trans-Suez route, the shipping giant said.
- The longer voyages have increased travel times, delayed goods delivery, disrupted supply chains, and raised shipping costs.
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18 Articles
Maersk ramps up Suez Canal return that could dampen freight rates
Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of global trade disruption due to attacks on ships by Yemeni Houthi rebels.
The Danish shipping group Maersk announced on Thursday that it will resume this month the navigation on the Red Sea and Suez Canal of one of its transport services, which is a key step to end two years of disruptions in world trade due to attacks on commercial ships by the Houthi rebels of Yemen.Continue reading...
Maersk Resumes Suez Canal Route, Signaling Trade Recovery
Maersk will resume using the Suez Canal after disruptions due to Yemeni Houthi attacks, aiming to reduce transit times and costs. This move marks a potential end to two years of trade disruption. Continued stability in the region allows for a gradual return, with contingency plans in place.
After sailing around SA for two years, Maersk returns to Suez
Maersk will resume sailings via the Red Sea and Suez Canal for one of its services this month, the shipping group said on Thursday, marking a key step towards ending two years of global trade disruption due to attacks on ships by Yemeni Houthi rebels.
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