Large Boxships Trapped in Red Sea Head North for Expensive Return Through Suezby Ship & Bunker News TeamContainer analyst Lars Jensen, CEO of consultancy Vespucci Maritime, noted the development in a LinkedIn post on Tuesday. Image Credit: Lars Jensen / LinkedInSeveral large boxships that had moved south through the Suez Canal, only to be trapped in the Red Sea by threats to shipping around the Baab al-Mandab, are now heading north for an expensive return through the waterway. Container analyst Lars Jensen, CEO of consultancy Vespucci Maritime, noted the development in a LinkedIn post on Tuesday. These ships faced two options: either to wait until it was safe to resume their southbound voyage, or to pay more in Suez transit fees and bunker costs to return north and then voyage around Africa. "It is certainly understandable why the carriers were waiting since Friday hoping for a resolution," he said.
