Red Sea: caution is the watchword

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The Red Sea shipping crisis shows signs of easing, highlighted by large vessel transits through the Suez Canal. Yet, industry insiders remain cautious, emphasizing the need for safety assurances amid ongoing conflict risks. While some ships are returning to normal routes, economic factors and possible renewed hostilities keep the shipping industry on edge. Experts warn that rushing back could impact freight rates and safety. For now, the consensus is to proceed carefully, awaiting clearer signals before fully resuming Red Sea transit. The situation remains dynamic, with caution the prevailing strategy.

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