The Suez Canal Authority (SCA) announced on 8th November 2025 that the giant container ship CMA CGM Benjamin Franklin, measuring 399 metres long, 54 metres wide, with a draft of 13.5 metres and a capacity of 17,859 TEU (net tonnage 177,000 tons) has successfully transited the canal and the Bab el-Mandeb Strait. This marks the largest container vessel to cross the canal in two years and is being viewed as a sign of renewed confidence among major shipping lines.

#suezcanal #cmacgm #redsea #cmacgmbenjaminfranklin #india #europe #logistics

Suez Canal traffic resumes as CMA CGM Benjamin Franklin transits
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Suez Canal traffic resumes as CMA CGM Benjamin Franklin transits

Improved stability in the Red Sea and SCA incentives drive the return of large vessels, aiding India–Europe trade routes.

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.

#xeneta #redsea #houthis #us #suezcanal #freightrates #containershipping #shipping

Red Sea return of ships could see freight rates crash: Xeneta
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Red Sea return of ships could see freight rates crash: Xeneta

"Global TEU-mile demand would decline 6% if container ships begin sailing through the Red Sea and Suez Canal again."

Maersk reported an eight percent revenue growth to $13.3 billion with EBIT increasing to $1.3 billion for the first quarter of 2025 from $177 million in 2024.

#maersk #redsea #revenuegrowth #ebit #ebitda #shipping #supplychains

Maersk maintains 2025 outlook, Q1 EBIT zooms to $1.3bn
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Maersk maintains 2025 outlook, Q1 EBIT zooms to $1.3bn

Ocean saw improved profitability to an EBIT of $743 million due to higher rates and stable volumes.

Hapag-Lloyd reported a 25 percent increase in earnings (EBIT) at $500 million for the first quarter of 2025 compared to $400 million in the same period last year on higher transport volume and freight rate.

#hapag #redsea #freightrates #geopolitical #geopoliticalchallenges #ebit #freight #shipping

Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year
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Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year

Transport volume increased 10% to 3.3 million TEU while average freight rate was up 9% at $1,480/TEU.

The major shipping lines (that report on – and have so far published – their financial figures) have recorded a combined 2024 EBIT of $27.3 billion.

#seaintelligence #drewry #freightos #containerxchange #redsea #shipping #shippinglines

Container shipping profitability around $60 billion in 2024
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Container shipping profitability around $60 billion in 2024

Shipping lines covered do not include MSC (privately held), PIL and CMA CGM (no longer publicly publishes EBIT).