Suez Canal


CMA CGM continues Suez routing on BEX2 despite rising Middle East tensions

CMA CGM has retained the Suez routing for its Asia-Med Phoenician Express (BEX2) service despite escalating tensions in the Middle East over the past week after Israeli forces attacked the port of Hodeidah in Yemen on 20 July in retaliation for the Houthi drone attack that hit Tel Aviv on 19 July 2024. The Phoenician Express (BEX2) calls at Shanghai, Ningbo, Busan, Shekou, Singapore, (Suez Canal), Alexandria, Beirut, Tripoli, Koper, Trieste, Rijeka, Alexandria, Jeddah, Port Klang, Shekou, Shang


CMA CGM resumes Suez transits for Asia-Med Phoenician Express (BEX2) service

CMA CGM has resumed full Suez Canal transits on the Asia-Med Phoenician Express (BEX2) service from the end of April 2024, becoming the first mainstream Asia-Europe service to return to the Suez since the Red Sea crisis escalated in December 2023. The service is one of 4 OCEAN Alliance services on the Asia-Med route and is marketed as the PHOEX/BEX2 by CMA CGM, AEM6 by COSCO, AAS by OOCL and BEX2 by Evergreen. The service was previously operated with a mixed fleet of ships from the 3 OCEAN Alli


Capacity crunch looms as diversions from the Red Sea hit record high

The number of containerships diverted from the Suez to the Cape Route has surged to 125 units compared to 44 a week ago, including 16 ships that turned back in the Red Sea to the Med after making their southbound Suez passage. The record number of diversions far exceeds the number of ships that were diverted during the EVER GIVEN incident on the Suez Canal in March 2021 when less than 20 ships were diverted. While the previous Suez blockage in 2021 lasted barely 7 days, the impact of the current

Port Congestion

Panama Canal congestion set to worsen as Ships Attacked near Suez

The missile attack on NUMBER 9, an OOCL operated ship on 3 December has broadened the threat to all ships passing through the Red Sea, even those that have no links to Israel. Zim has already diverted its ships from the Suez to the longer Cape of Good Hope, while Maersk has also diverted 2 ships chartered from Israeli interests following the attack on the CMA CGM SYMI on 25 November. Among 3 ships attacked in Red Sea the past Sunday (3 Dec), the 4,253 teu NUMBER 9 that was targeted by the miss

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