TradeHighPartialAccelerating
8.3
Houthi control of Bab el-Mandeb shifts shipping from emergency bypass to permanent cost
Capital.grLO·YE·about 10 hours ago
Maersk and Hapag-Lloyd will add four joint Asia-Europe services back through the Suez Canal, reversing a multi-year rerouting around Africa forced by Houthi attacks. The move signals a sustained de-escalation in Red Sea security, though the pace of normalization remains uncertain. This shortens transit times and lowers shipping costs, with implications for global trade flows and freight rates.
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