Suez Canal Ship Transits Down 60% in 2026

The Suez Canal is seeing fewer ships passing through it, about 60% less than in 2023.

This is because there have been some problems in the Red Sea, where ships were being attacked.

A group called the Houthi rebels from Yemen said they would stop attacking ships in November 2025.

Since then, some shipping companies are slowly starting to use the Red Sea route again.

For example, a ship owned by Maersk used the Red Sea route for the first time in two years on December 19, 2025.

The cost of insurance for ships going through the Red Sea has also gone down, which might encourage more ships to use the Suez Canal again.

However, if more ships start using the Suez Canal, it could mean that shipping companies might need fewer ships, which could affect the demand for ships.