
Evergreen resumes Suez Canal transits this week, making it the last OCEAN Alliance carrier to return, according to Linerlytica. Houthi forces may have captured a district about 40 miles from Aden, an unconfirmed report.
Linerlytica said the 1 November container rate hikes are failing to gain traction.
A return to Suez adds container capacity and lowers the need for Cape of Good Hope routing, which pushes container freight rates down. Grain bulk freight is only indirectly affected, but the Yemen fighting adds risk to Red Sea routes.
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.