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Evergreen Returns to Suez This Week as the Alliance Red-Sea Comeback Enters Its Final Stretch — What Released Deep-Sea Capacity Means for China-Japan Ocean Freight

Evergreen will send two 16,556-TEU ships eastbound via Suez on the Ocean Alliance NEU7/CES services on November 7 and 11, with the 20,124-TEU Ever Given following on MD2 from November 16; Premier Alliance's MD1 sails from Ningbo on November 13. About 63% of Far East-Europe capacity is back on the Red Sea and Linerlytica expects the three alliances plus MSC to fully return by Q1 2027. The China-Japan lane sees no direct impact, though deep-sea rates stay under pressure (Source: Splash 247 citing Linerlytica, Nov 5).

2026-11-06 · Logistics News

According to Splash 247 on November 5, citing the maritime intelligence firm Linerlytica, Evergreen will deploy two 16,556-TEU vessels for eastbound Suez transits on the Ocean Alliance NEU7/CES services on November 7 and 11 — its first since January 2024. The 20,124-TEU Ever Given is due to follow on November 16, moving to the Suez-routed MD2 Mediterranean service.

The alliance-wide return is advancing: Premier Alliance's MD1 will be led by the 11,714-TEU YM Trust sailing from Ningbo on November 13. Alphaliner counts 24 of 46 Far East-Europe loops already back on Red Sea routings, equivalent to about 63% of capacity; Maersk's ME1 India-Europe service switched to Suez earlier. Linerlytica expects the three alliances and MSC to complete their return by Q1 2027, leaving ZIM as the only carrier still routing via the Cape of Good Hope.

On rates, released capacity plus the seasonal lull have pulled actual Asia-Europe deals down to roughly USD 2,800-3,000/FEU (market-sounding reference rates). MSC has posted new FAK levels from November 15 — USD 3,220/4,600 to North Europe and 4,200/5,300 to the Mediterranean — while Drewry's WCI fell 1% week over week to USD 4,389/FEU on its November 5 assessment (reference rates). Effective capacity growth continues to cap upside.

For the China-Japan lane: near-sea services do not transit Suez, so schedules and space see no direct impact. The residual risk lies in carriers reshuffling tonnage — rotation changes and capacity transfers can ripple through. Japan-lane pricing itself remains steady in a narrow band: SCFI's October 30 reading showed USD 328/TEU to Kansai and 335 to Kanto (reference rates, the latest before the November 6, 15:00 release).

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