Suez Transits Are Up 59%, and Rates Are About to Fall

At a Glance Carriers Have Returned to Suez, and the Data Confirms It Maritime media sources state that container shipping is moving from a capacity shortage to a surplus as carriers return to Suez and shorter voyages free up ships. Windward MIOC data supports this claim. Suez containership transits rose 59% from March to September,…