International Maritime & Trade Finance Policy Council

Global shipping is experiencing a significant turnaround as Red Sea transits have surged by more than 35% in recent weeks. This increase brings traffic close to the levels seen before the Houthi crisis disrupted maritime routes. Major shipping companies such as Maersk, MSC, and CMA CGM have fully resumed using the Suez Canal, which has cut transit times by 10 to 12 days compared to the longer route around the Cape of Good Hope. This shift is reshaping global trade patterns an