Today, December 23, was a milestone for the Suez
Canal as two of CMA’s large vessels passed in the Canal while Maersk’s first
ship completed its transit, the first time the majors have sent their large
vessels back since the start of the Houthis’ campaign in late 2023.
Admiral Ossama Rabiee,
Chairman and Managing Director of the Suez Canal Authority, said these transits
were “significant steps,” predicting they would have a “profound impact” in
bringing back volume to the Suez Canal. He is urging other shipping lines to adjust their schedules and resume
voyages. Rabiee said that they expect next year will witness a gradual
improvement in traffic, forecasting that they will reach normal rates in the
second half of 2026.
CMA CGM, which had maintained a limited number of transits through the
Suez Canal and the Red Sea when security was available, had already tested the
Suez Canal with larger vessels. It had also announced that one of its routes
between India and the United States would resume regularly scheduled transits in January. The CMA CGM Jaques Saade (23,000
TEU) made the southbound transit today. The vessel is sailing from Tangier Med,
where it departed on December 16, bound for Port Klang, Malaysia. It became the
first of the ultra-large vessels to make the Suez Canal transit since 2023. The
ship operates one of the main routes, sailing from China to Northern Europe...Northbound,
the CMA CGM Adonis (15,536 teu) was traveling from Singapore.
The Suez Canal Authority reports the vessel was carrying 154,000 tons of cargo.
It operates on a route from Asia to the Eastern Mediterranean. CMA CGM has not
commented on whether these transits are part of a regular return to its routes
or test voyages.
Also in the northbound convoy was the Maersk
Sebarok (6,648 teu), sailing from Oman bound for the U.S. East Coast.
Last week, Maersk highlighted that the vessel was its first to transit the Red Sea since December 2023.
Maersk, however, said it was a trial trip and that there were no immediate
plans for additional transits through the region.
The Suez Canal
Authority has been moving aggressively to restore traffic. It has met with the major shipping companies,
encouraging a return, and offered special rates to further encourage the
transits. The Canal is a major source of foreign income for Egypt.