Maersk and Hapag-Lloyd resume vessel transits through Egypt's Suez Canal
via Egypt Today2 min read
A.P. Moller - Maersk and Hapag-Lloyd AG, two of the world's largest container shipping and logistics companies, announced on Monday the gradual resumption of vessel transits through Egypt's Suez Canal. This decision replaces the longer route around the Cape of Good Hope. The first vessel scheduled for the trans-Suez passage will be the Majestic Maersk. The companies stated that this joint decision followed thorough assessments of the security situation in the Red Sea area, marking a step towards a gradual return to the trans-Suez corridor. A broader return to the Suez Canal is expected to significantly reduce transit times, lower operating costs, and improve the efficiency of global supply chains. The Suez Canal is described as a vital maritime corridor between East and West, and a key driver of efficient global supply chains, offering the fastest, most sustainable, and most efficient way to transport goods between Asia and Europe. President Abdel Fattah El-Sisi revealed on July 4, 2026, that Egypt has lost over $10 billion in Suez Canal revenues due to attacks on commercial vessels transiting the Bab el-Mandeb Strait, highlighting the economic impact of geopolitical tensions on this strategic maritime corridor.
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