Shippers facing similar charges on the Rhine, St. Lawrence and Panama Canal may find a Brazilian regulatory crackdown worth watching, writes Valter Branco.
The carrier was forced to make changes to the $4.2 billion deal to address Israeli government concerns that the transaction in its original form would undermine Israel's national security.
The shipping association said overcapacity looms large for next year as new ships are delivered and a resumption of regular Suez transits weighs on supply, but a possible normalized Mideast market could spark renewed demand.