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HCM-ANZ 4,940 USD/FEU +4.32% Index 7,818 pts
2026-10-02 Middle East
HCM-MEA Suspended
2026-10-02 South America
HCM-SAM 7,011 USD/FEU -14.41% Index 4,381 pts
2026-10-02 South Africa
HCM-ZAF 4,457 USD/FEU +8.21% Index 2,533 pts
2026-10-02 East & West Africa
HCM-EWA 5,113 USD/FEU +10.26% Index 1,302 pts
2026-10-02 Global
VCFI Composite Rate 5,079 USD/FEU -0.12% VCFI Composite Index 3,516 pts -0.60%
2026-10-02 US West Coast
HCM-UWC 8,162 USD/FEU +1.65% Index 3,977 pts
2026-10-02 US East Coast
HCM-UEC 10,792 USD/FEU +0.03% Index 3,303 pts
2026-10-02 Northern Europe
HCM-NEU 3,337 USD/FEU -5.70% Index 2,297 pts
2026-10-02 Mediterranean
HCM-MED 3,928 USD/FEU -2.82% Index 2,146 pts
2026-10-02 China
HCM-CHN 102 USD/FEU +14.69% Index 1,195 pts
2026-10-02 Korea
HCM-KOR 318 USD/FEU -2.34% Index 1,065 pts
2026-10-02 Japan
HCM-JPN 487 USD/FEU -3.17% Index 1,572 pts
2026-10-02 Southeast Asia
HCM-SEA 309 USD/FEU 0.00% Index 1,583 pts
2026-10-02 Oceania
HCM-ANZ 4,940 USD/FEU +4.32% Index 7,818 pts
2026-10-02 Middle East
HCM-MEA Suspended
2026-10-02 South America
HCM-SAM 7,011 USD/FEU -14.41% Index 4,381 pts
2026-10-02 South Africa
HCM-ZAF 4,457 USD/FEU +8.21% Index 2,533 pts
2026-10-02 East & West Africa
HCM-EWA 5,113 USD/FEU +10.26% Index 1,302 pts
2026-10-02 Global
VCFI Composite Rate 5,079 USD/FEU -0.12% VCFI Composite Index 3,516 pts -0.60%
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Wednesday, 11/02/2026, 07:21 (GMT +7)

595

Maersk and Hapag-Lloyd Resume Suez Transits After 6-Month Lull

The Gemini Cooperation alliance has announced a gradual return to the Red Sea starting mid-February 2026, following a six-month period without recorded attacks. This move marks Hapag-Lloyd's return to this arterial route, backed by naval support and a fleet of state-of-the-art dual-fuel vessels.

Maersk-vessel

 

The Gemini Cooperation, the premium shipping alliance between Maersk and Hapag-Lloyd, has officially announced it will begin a gradual return to the Red Sea and Suez Canal region starting in mid-February.

This move marks the alliance's first use of this corridor since its inception. It also signals a significant shift for Hapag-Lloyd, which has avoided the route since early 2024 due to regional instability.


Maximum Caution Following a Period of "Calm"


The decision to return to the world's most critical trade route follows a six-month period with no confirmed attacks from Houthi forces. Despite the relative calm, both carriers emphasized that the resumption of operations is being handled with extreme caution.

In its statement, Maersk asserted: “All transits will be secured by naval assistance,”

The carrier also noted that a robust security framework is now in place. The companies warned that they are monitoring Middle East stability in real-time and will revert to longer routes around Africa should the conflict escalate.


Deploying Advanced Dual-Fuel Fleet


The service restoration will launch on the alliance's trade lane linking India with the Middle East and the Mediterranean. To lead this return, Gemini is deploying two of its most advanced dual-fuel vessels:

•    Westbound: Albert Maersk (16,592 TEU, built 2025).

•    Eastbound: Astrid Maersk (16,592 TEU, built 2024).

By utilizing these new assets, the carriers aim to combine modernized, low-emission operations with the efficiency of the Suez Canal shortcut.


Positive Signal for Global Supply Chains


The Suez Canal Authority (SCA) praised the announcement, viewing it as a pivotal step toward normalizing global trade volumes. Gemini Cooperation joins other major players, such as CMA CGM, in returning to the canal, which has seen a significant drop in traffic over the past two years.

For global supply chains, this shift promises reduced transit times and fuel costs, provided the security situation remains stable.

 

See more:

 

Source: Phaata.com (According to Manilatimes)

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