Egypt Says Dozens Of Ships Return To Suez Canal After Ceasefire

By Salma El Wardany

Feb 23, 2025(Bloomberg) –Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire between Israel and Hamas prompted Yemeni rebels to scale back attacks on Red Sea shipping.

The vessels elected to use the Egyptian canal instead of the longer Cape of Good Hope route a…