Maersk paves the way for a full Red Sea return with Suez Canal deal

COPENHAGEN : Liner giant AP Moller-Maersk has taken steps to return to the Suez Canal two years after Houthi rebels disrupted world trade with a string of brutal attacks on shipping in the Red Sea.

Maersk has met the Suez Canal Authority (SCA) and made significant progress on returning to the route, it said on Tuesday.

While Maersk would be leading the way for the industry in picking up previously established trade patterns, there is disagreement between the shipowner and the canal authority on the timing of such a move.