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The Suez Canal Authority and Maersk signed a strategic agreement for vessels to gradually return to the canal from early December 2025. A CMA CGM ship transited the canal and Bab el-Mandeb Strait in early November.
The Suez Canal recorded continued traffic growth in November 2025.
Return to the Suez route adds container capacity and cuts ton-miles, which is expected to pressure container freight rates lower. Bulk grain freight impact is indirect.
Not 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.