Maersk resumes Red Sea and Suez services, potentially lowering freight rates, as analysts predict a return to pre-crisis levels.
Maersk has restarted scheduled services via the Red Sea and Suez Canal after two years of disruption, a move analysts say could pressure freight rates, reports American Shipper.
Long-term rates are expected to fall back to pre-crisis levels even without a full-scale return to the Red Sea, said Xeneta analyst Peter Sand.
Maersk has reconfigured its MECL service linking Asia and the US, deploying smaller ships outside alliances. CMA CGM of France largely continued services during the Houthi offensive, but Maersk's return is seen as a turning point.
Mr. Sand noted that Maersk tested the route in recent weeks, with vessels sailing through the Red Sea after initially
