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Maersk and Hapag-Lloyd, part of the Gemini Cooperation alliance, said on Feb. 3 they would change routing for one shared service, signaling limited Red Sea transits resuming after months of diversions.
Carriers had paused Red Sea and Gulf of Aden sailings and diverted vessels around the Cape of Good Hope. The article notes uncertainty about the durability of the return.
A partial return to the Red Sea route should ease freight rates and transit times, though carriers are moving cautiously. Lower freight costs are modestly bearish for shipping rates.
logisticsmgmt.comJeff BermanFeb 4, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
