Maersk vessel navigates the Red Sea route after two years

Most carriers likely adopting wait-and-see approach on returning to the trade corridor

Maersk said that one of its vessels had successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies weigh returning to the critical Asia-Europe trade corridor. The company stated that while it had no firm plans to fully reopen the route, it would take a stepwise approach towards gradually resuming navigation via the Suez Canal and the Red Sea. 

CMA CGM has already made limited passages through the Suez Canal when security conditions allowed, with other operators similarly exploring resumption plans. Nikos Tagoulis, analyst at Intermodal Group, said that most carriers appear to be adopting a wait-and-see approach, monitoring developments, and any meaningful reopening would likely unfold gradually, as per a report.

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