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Container capacity returning to the Suez Canal has recent weekly transit counts straddling the 300 mark.
The Suez Canal is in the middle of a slow, carrier-led recovery from the Red Sea disruption, and this week's expected transit count sits almost exactly on the 300 line. The most recent complete weekly reading, the seven days through October 11, averaged 41.7 transits a day, which is roughly 292 over a week and just short of the mark, and it was 3.2 percent below the week before. The week before that, the seven days through October 4, came in at 302, so the last two measured weeks straddle the threshold rather than sitting clearly on one side. What lifts the assessment above the line is the direction of travel in capacity rather than the newest weekly print. Container capacity using the canal passed half its pre-disruption level in early October for the first time since the attacks began, large container ship transits from July through September ran at more than ten times their 2025 level, CMA CGM has committed to the canal as a permanent route with its ships transiting on October 13, and independent tracking of the fourth quarter shows weekly totals near 325. Against that, only about a third of container capacity on the two viable routings actually uses the canal, security in the southern Red Sea remains unsettled after a small-arms attack on a container ship in the week before October 12, and the official series lags several days, so the window's own counts will not be visible until after it closes. Markets currently treat clearing the 300-transit mark as the favored outcome, though with less conviction than this forecast carries, and the single strongest consideration behind that difference is the steady, publicly announced return of carrier services to the canal that is not yet fully visible in completed weekly totals. The window is short, the daily pace required is a little over 43, and the canal has printed at or near that level repeatedly in recent weeks, so totals clearing the mark are more likely than totals falling short.
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