- 47 ships have returned to the Suez Canal since February.
- More vessels are expected as Red Sea security improves.
- The crisis has disrupted supply chains and raised shipping costs.
- SCA introduced stable pricing, enhanced communication, and new marine services.
- The southern sector expansion is complete, boosting capacity.
Since February, 47 ships have rerouted through the Suez Canal instead of the Cape of Good Hope, reflecting growing confidence in the canal’s security. More vessels are expected to follow as conditions in the Red Sea stabilize.
Red Sea Crisis and the Need for Global Cooperation
Speaking at MARLOG 14, SCA Chairman Osama Rabie highlighted the severe disruptions caused by the Red Sea crisis, which has increased shipping costs and strained global supply chains. He called for stronger international cooperation to restore stability.
Strategic Measures to Support Shipping Companies
To assist shipping operators, the SCA has maintained stable pricing, strengthened direct engagement with shipping lines, and introduced services such as ship maintenance, marine rescue, pollution control, medical evacuation, crew changes, and refueling. These initiatives have reassured global shipping companies and encouraged vessel returns.
Ongoing Development Despite Challenges
Despite ongoing security concerns, the SCA remains committed to infrastructure improvements. Under President Abdel Fattah El-Sisi’s leadership, the completed southern sector expansion enhances navigational safety, reduces current impact on ships, and increases daily capacity by six to eight vessels.
The Anticipated Return of More Shipping Companies
As stability improves, Rabie expects more companies to resume using the Suez Canal over longer, costlier routes. Initial diversions due to security risks, higher insurance, and supply chain disruptions are gradually reversing, reinforcing the canal’s status as a key global trade route.
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Source: SIS
