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.

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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.

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Most shipping stakeholders expect Suez Canal transits to resume before the end of 2025 and for Trump tariffs to escalate, according to a Drewry survey.

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Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard for the market in a highly unpredictable year, says Drewry in its latest update.

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With the whole world talking about the Israel-Palestine ceasefire announcement, it’s expected that supply chain stakeholders will be eyeing any immediate impacts to now well-established routing past the Cape of Good Hope.

#eesea #redsea #capeofgoodhope #israel #palestine #cmacgm #houthis #premieralliance #geminicooperation #suezcanal #shipping