Financial Ports

Suez Canal Hits 54% Surge as OOCL Breaks Red Sea Deadlock

CLAVE 1 / 424,188 TEU OOCL Portugal transits Suez Canal on September 16, first Cosco-controlled ship since Red Sea crisis began.

CLAVE 2 / 439 vessels crossed the canal on September 16, down from pre-war peaks but up 54% year-on-year.

CLAVE 3 / 4Suez Canal Authority reports 72 million tons in first eight months of 2026, reversing 2025’s 3.4% decline.

CLAVE 4 / 4Maersk and Hapag-Lloyd restore four more routes, signalling confidence despite Houthi seizures near Bab el-Mandeb.

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