Canal Shipping Agencies is trading 5.80% up at $42.48 after Maersk and Hapag-Lloyd announced that another Gemini container service will return through the Red Sea and Suez Canal.
- The AE19 service’s immediate rerouting signals a gradual restoration of canal traffic.
- Reuters described the move as part of a broader, cautious return to the region, improving sentiment toward canal-related shipping agencies.