Analysis: When will ocean carriers return to the Red Sea?

A reported ceasefire in the war between Israel and Hamas has raised speculation about when global container shipping lines could resume regular operations through the Red Sea. The route is a critical link to the Suez Canal for ships sailing between Asia and the Mediterranean, Europe and North America. In a wave of attacks that reshaped the global supply chain, Yemen-based Houthi rebels since late 2023 have terrorized merchant vessels they claim are linked to Israel, with drones, missiles and watercraft. The attacks have killed two; two vessels and their crews remain captive in Yemen and Iran. American and European…