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Story summary
- On January 12, 2026, Maersk, the Danish shipping firm, announced that its vessel Maersk Denver successfully navigated the Red Sea and Bab el-Mandeb Strait.
- The move follows a Gaza ceasefire, which has raised hopes for normal shipping traffic.
- Maersk plans a gradual resumption of navigation along the East-West corridor via the Suez Canal, contingent on security conditions.
- The Suez Canal accounts for about 10% of seaborne traffic, but Maersk is not ready to fully reopen the route as freight rates remain high due to alternative routes.
