# Drewry Red Sea Diversion Tracker - 03 Nov

> Drewry reports 53 containerships transited the Suez Canal in the week ended 1 November, up 130% year on year. About 60% of Asia-Europe capacity is now back on the Suez route after nearly three years of Cape diversions.

- Date: 2026-11-03 · published 2026-11-03T15:16:18.730Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/77966-drewry-red-sea-diversion-tracker-03-nov
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A sustained shift back to Suez releases vessel capacity and tends to pressure ocean freight rates lower, which lowers the delivered cost of seaborne feed commodities into Europe and Asia.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- drewry.co.uk: https://www.drewry.co.uk/supply-chain-advisors/supply-chain-expertise/red-sea-diversion-tracker-03-nov

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