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Shipping firms hesitate to return to Suez Canal despite Red Sea crisis easing

Bryan Chuang, Taipei; Rodney Chan, DIGITIMES Asia 0

Feng-Ming Tsai, chairman of Yang Ming Marine Transport. Credit: DIGITIMES

With military conflicts in areas around the Gulf of Aden and the Red Sea easing, Egypt aims to restore the Suez Canal's former traffic levels to boost its fiscal revenue. However, two major factors continue to deter shipping companies from resuming...

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