SUSTAINABILITY, RESILIENCE, AND COMPETITIVENESS OF THE SUEZ CANAL ROUTE FOR FAR EAST–EUROPE CONTAINERSHIPS IN THE CONTEXT OF IMO REGULATIONS 2025 AND THE RED SEA CRISIS

Samer H. Okasha; Mohamed M. Helal; Hossam H. AbdelKarim

doi:10.21622/MARLOG.2026.15.1.109

SUSTAINABILITY, RESILIENCE, AND COMPETITIVENESS OF THE SUEZ CANAL ROUTE FOR FAR EAST–EUROPE CONTAINERSHIPS IN THE CONTEXT OF IMO REGULATIONS 2025 AND THE RED SEA CRISIS

Samer H. Okasha, Mohamed M. Helal, Hossam H. AbdelKarim

Abstract

The Suez Canal (SC) serves as a critical maritime corridor linking Asia and Europe, yet its operational and environmental competitiveness relative to alternative routes, such as the Cape of Good Hope (COGH), remains under pressure during geopolitical crises. This study employs a comparative analytical approach to evaluate the economic and environmental performance of 14,000- TEU containerships transiting between Shanghai and Rotterdam during the ongoing Red Sea crisis and International Maritime Organization regulations 2025. Total shipping costs, including fuel, canal fees, war-risk premiums, capital and operating costs, and inventory-carrying costs, were analyzed alongside CO2 emissions to assess overall competitiveness. Additionally, the influence of Suez Canal Authority rebate schemes such as Circulars no. 3/2025 and 8/2023, on route attractiveness was quantified using a composite competitiveness index (CI) that integrates economic and environmental dimensions. Results indicate that the SC route provides substantial financial advantages, particularly on the head-haul leg, achieving total round-trip savings of approximately $3.16 million despite Canal fees and war-risk premiums. Environmentally, the SC reduces fuel consumption by 1,856 tons per voyage, lowering CO2 emissions by 5,780 tons, corresponding to $578,000 in potential carbon cost savings. The CI confirms that the SC route is consistently more competitive than the COGH route across head-haul, back-haul, and round-trips for Far East – Europe trade route. These findings highlight the strategic, economic, and environmental benefits of the SC and underscore the importance of incentive schemes and operational planning in maintaining maritime resilience during crises.

Keywords

Suez Canal, Cape of Good Hope, containerships, Red Sea crisis, IMO regulations 2025, competitiveness index.

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DOI: https://dx.doi.org/10.21622/MARLOG.2026.15.1.109

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