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Suez Canal traffic in October 2026 reached 1,338 transits, or 125.6m dwt, the fifth straight month of post-crisis highs and up 63% year on year. Bab el Mandeb traffic rose 17% month on month to 1,363 transits, driven by containerships rather than crude tankers.
Both chokepoints remain well below pre-Houthi crisis levels.
A gradual recovery in Red Sea routings adds container and bulk capacity, which eases freight pressure on grain and feed imports from Asia to Europe. Traffic still sits about a third below pre-crisis levels, so the freight relief is partial.
lloydslistintelligence.comNov 12, 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.
