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Despite positive ceasefire developments, stakeholders should not expect container lines to immediately return to using the Suez Canal ,due to a “highly unpredictable year”.  

Sunday’s ceasefire agreement between Israel and Hamas led to a Houthi statement that they would cease attacks on vessels in the Red Sea, other than on ships owned by Israeli companies or flying the Israeli flag. 

But shipping analyst Drewry urged that “we should not expect to see container lines rush to return to the Suez Canal”. 

As ...

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