The Suez Canal recovery that never arrived
The Suez Canal recovery should be in full swing. The Houthis stopped attacking ships in November. War risk premiums collapsed. Yet container traffic remains 60% below 2023 levels
The Suez Canal recovery should be in full swing. The Houthis stopped attacking ships in November. War risk premiums collapsed. Yet container traffic remains 60% below 2023 levels
Trade wars turned into port wars, Red Sea routes stayed perilous, and the IMO’s Net-Zero plan divided the seas—here’s the global shipping news from October 5–11, 2025