DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Suez Canal Traffic Plummets, Shipping Companies Consider Return
Suez Canal Traffic Plummets, Shipping Companies Consider Return

Suez Canal Traffic Plummets, Shipping Companies Consider Return

Update: 2025-12-02
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Container ship traffic through the Suez Canal has plummeted, with only twenty-eight ships passing in November, marking a significant drop from typical numbers. Major shipping companies have been avoiding the route due to attacks by Houthi militia, but a recent ceasefire in Gaza has sparked hope for a return. However, the UN Trade and Development agency predicts a significant drop in port connectivity by the third quarter of 2025, highlighting ongoing disruption to global shipping routes.

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Suez Canal Traffic Plummets, Shipping Companies Consider Return

Suez Canal Traffic Plummets, Shipping Companies Consider Return