Drewry: Shipping Lines Cautious on Suez Return

Despite the Houthis’ recent pledge to halt attacks on non-Israeli commercial vessels following the Israel-Hamas ceasefire agreement of January 19th, shipping industry analysts at Drewry warn against expecting an immediate return to Suez Canal transits.

The maritime sector faces a complex web of challenges, with the fragile nature of the Gaza ceasefire deal and the Houthis’ history of unpredictable behavior causing significant concern.

Since November 2023, the Houthis’ campaign has resul…