Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February.

The Suez Canal Authority emphasized that despite the recent Red Sea crisis, no alternative trade route has proven sustainable. Encouraging signs suggest regional stability may soon return, even as Iran-backed Houthi attacks have forced vessels around Africa,

The US Navy has relieved the commander of an aircraft carrier that collided with a mercantile vessel in the Mediterranean Sea near the entrance to the Suez Canal.