- 229 Ships Resume Transit in October After Regional Tensions Ease.
- SCA Meets 20 Shipping Lines to Discuss Red Sea Developments.
- Canal Traffic Rises with 4,405 Vessels from July to October 2025.
Admiral Ossama Rabiee, the Chairman of the Suez Canal Authority (SCA), recently shared some encouraging news: in October, 229 vessels made their way through the Canal, marking the highest monthly traffic since the onset of the Red Sea crisis. He credited this uptick to the Sharm El-Sheikh Peace Summit, which played a significant role in easing regional tensions, reports Marine Insight.
Meeting with Shipping Representatives
This announcement was made during a gathering at the SCA headquarters in Ismailia, attended by representatives from 20 shipping lines and agencies. They discussed the latest developments in the Red Sea and how these changes are affecting global trade.
Improved Canal Traffic
Rabiee noted a steady increase in both the number of vessels and the tonnage. From July to October 2025, a total of 4,405 vessels carrying 185 million tons passed through the Canal, compared to 4,332 boats and 167.6 million tons during the same period in 2024.
Enhanced Infrastructure and Safety
He also highlighted the successful completion of the Southern Sector Development Project and the deepening of the 17-kilometre western branch of Port Said, which not only enhances safety but also provides an alternative emergency route.
Commitment to Shipping Partners
Rabiee reaffirmed the SCA’s dedication to working closely with shipping lines and encouraged them to undertake trial voyages. Admiral Ashraf Atwa commended the agencies for being vital links between the Authority and major shipping companies.
Feedback and Proposals
Ehab El-Bannan, Chairman of Clarkson, proposed the introduction of incentives based on the number of vessels and their tonnage. A representative from Maersk confirmed plans to boost investment in Egypt.
Calls for Coordination and Incentives
The Gulf Agency suggested collaborating with the IMO to share positive updates regarding the Red Sea, while Wilhelmsen recommended incentives for oil and cargo vessels. LETH Egypt and Noatum Maritime praised the SCA’s marketing and pricing strategies, anticipating an increase in traffic soon.
Insurance and Risk Assessments
High insurance costs continue to be a concern. Representatives from Yang Ming proposed collaborating with insurers and the International Chamber of Shipping to reassess risk evaluations.
Representatives from MSC, COSCO, and others said more vessels are expected to return as stability improves, praising SCA’s modernization and efficiency efforts.
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Source: Marine Insight
