Container lines will let tankers and bulkers test Red Sea waters after ceasefire, Jefferies says

Container lines are likely to wait and see what happens to other vessels returning to the Red Sea before making any decisions themselves.

This is the view of Jefferies analysts led by Omar Nokta, who argue that the risks of Houthi attacks on boxships are greater than for other vessel types due to the knock-on effects of disruption to multi-loop trading patterns.