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Maersk Signals Readiness to Reopen Suez Route, Stops Short of Setting Date

The canal operator's push for a December restart faces carrier caution over crew safety.

Overview

  • At a joint briefing in Egypt, CEO Vincent Clerc said Maersk will resume Red Sea–Suez transits as soon as conditions allow, with crew safety as the top priority.
  • The Suez Canal Authority declared the waterway fully prepared and promoted a December timeline that Maersk publicly declined to confirm.
  • Maersk and the Suez Canal Authority signed an expanded partnership covering logistics services, shipyard development, container manufacturing and repair, and ship scrapping.
  • Threat levels have eased, with no attacks on commercial shipping reported since the October 10 Gaza ceasefire and the Houthis signaling on November 10 that they would halt strikes.
  • Operational returns remain uneven as ZIM awaits insurer and charterer approvals, CMA CGM has sent four ultra‑large ships through the canal, and analysts warn a broader restart could release about 2.1 million TEUs and trigger vessel bunching at European ports.