Carriers forecast profit decline in 2026 due to the return of ships through the Suez Canal

Global container carriers expect a decline in profits in 2026 due to the resumption of routes through the Suez Canal following the stabilization of the situation in the Red Sea.

Major companies like Maersk plan a phased return of ships to the region. In November 2025, the Suez Canal Authority and Maersk signed a partnership agreement. The first voyage is scheduled for January 26, 2026, departing from Oman. This decision comes amid the stabilization of the situation in the Red Sea.

Reasons for profit decline

Previously, Houthi attacks forced carriers to use the route around the Cape of Good Hope, which increased delivery times and led to rising rates. The return to the Suez Canal will reduce transit times and lower costs, directly decreasing revenues from high rates.

• The expansion of the canal increased capacity by 30%.
• Egypt's revenues from the canal have decreased by $7 billion annually due to the conflict.
• Growth in shipments in the first half of 2026 is already noticeable.

Overload risks

A sharp influx of large vessels with a capacity of 15,000–20,000 TEU may cause congestion and delays in the canal, increasing costs and transit times. The main intrigue of the year is whether this will be a full return or a trial mode.

The return of lines through the Suez Canal will change the dynamics of global shipping but carries risks for infrastructure.