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Fewer container ships in Suez Canal
Suez Canal, Egypt | Photo Credit: Markeliz Weekly throughput of the Suez Canal for container ships has registered a decrease from 54 vessels in late November to 38 and 37 over the past two weeks.
Dr.G.R.Balakrishnan Dec 17 2024 Shipping News

Fewer container ships in Suez Canal

As is the trend in recent times, 73 per cent of the vessels crossing the canal in either direction during this period were sub-Panamax carriers of less than 4,000 TEU capacity, says Alphaliner, a research firm.  Container ships between 4,000 and 7,500 TEU capacity accounted for 15 per cent of the overall traffic through the Suez, while the remaining 12 per cent were vessels between 7,500 and 18,000 TEU capacity. Not a single ULCS megamax container ship of 18,000 or more TEU capacity has traversed the canal over the past 40 weeks, the report said. The Suez Canal has lost nearly $6 billion revenue this year as container ships skirt it amid militant attacks in the Red Sea