Red Sea Ceasefire Sparks Talk of Shipping’s Return: Supply Lines

After nearly two years of attacking ships in the Red Sea, the Houthis are signaling they’ll stop their maritime offensive as long as the Israel-Hamas ceasefire holds. That assurance this week isn’t enough to embolden the world’s container fleet to hurry back to the region.

“Different carriers have different tolerances to risk and we have seen some intermittently testing the water,” said Xeneta chief analyst Peter Sand, noting that Marseille, France-based CMA CGM sent two large vessels eastward through the Suez Canal this month. “Transits may start to increase if there is a perceived lower risk, but we are unlikely ...