# Shipping companies begin reintroducing services through the Suez Canal

> Shipping companies have begun reintroducing services through the Suez Canal after the Houthis announced a ceasefire on commercial shipping on Nov. 25. The Red Sea diversions had disrupted global trade, including oilseed and vegetable oil shipments. Grain and oilseed volumes through Suez had fallen sharply after the attacks began.

- Date: 2026-02-20 · published 2026-02-20T12:00:00.000Z
- Category: logistics · region Red Sea · magnitude medium
- Page: https://feedsoft.ai/events/16881-shipping-companies-begin-reintroducing-services-through-the-suez-canal
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Returning to the Suez route shortens Asia-Europe voyages and lowers freight costs, which eases pressure on vegetable oil and grain delivered prices. Lower freight is bearish for shipping rates and palm oil landed costs.

## Read by commodity

- PALMOIL: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-12-29 | [Palm tracks soyoil fall as Argentine labour talks could restore supply - Markets - Business Recorder](https://feedsoft.ai/events/49757-palm-tracks-soyoil-fall-as-argentine-labour-talks-could-restore-supply-markets.md) | +8.7% | +3.0% |
| PALMOIL | 2026-06-29 | [The Quiet Month: Ukraine's Sunflower Oil Exports Sink to a Two-Year Low \| GLOBOIL Intelligence](https://feedsoft.ai/events/12626-the-quiet-month-ukraine-s-sunflower-oil-exports-sink-to-a-two-year-low-globoil.md) | -0.3% | +0.6% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/shipping-companies-begin-reintroducing-services-through-the-suez-canal

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.