Carriers will need to be ‘utterly convinced’ before Red Sea return
- The ceasefire deal brokered between Israel and Hamas has raised hopes of a rerouting reversal
- But analysts admit there is a long way to go before vessels return en masse
- A return would present serious downside risk to both the container and dry bulk markets
Shipping has had plenty of false dawns before, with transits barely changing during previous ceasefires. Any return will likely be slow and steady, rather than an opening of the floodgates
