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Friday, January 16, 2026

Still questions before return to Suez Canal, German car industry says

 The ⁠German ‍automotive industry is still seeing open questions, particularly insurance issues, ‍before resuming transports through the Suez ​Canal, its business association VDA said on ​Friday.

"The top priority for everyone involved is the absolute safety of the crews -- this is ​a prerequisite for any decision to resume wider use of this ​route," VDA said in an emailed statement.

It said a ‌first survey of the route has been conducted with select shipping ​companies, under special ⁠security measures.

"In principle, resuming voyages through the Suez Canal could ‌lead to shorter transport times and lower costs compared to the current alternative ‌routes," VDA said.

Maersk said this week that ‌one of its services will resume using the Red Sea and Suez Canal this month, ‍marking a key step towards ending two years of global ⁠trade disruption due to attacks on ships by Yemeni Houthi rebels.

https://www.streetinsider.com/Reuters/Still+questions+before+return+to+Suez+Canal%2C+German+car+industry+says/25858033.html

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