Description
1k+ container ship transits of Suez Canal in Q1 2026? is a market on whether the Suez Canal Authority reports 1,000 or more container ship transits in Q1 2026. Settlement follows the SCA’s official quarterly report for Q1 2026 on container ships, or an acceptable credible third-party corroboration if SCA data is unavailable, with a cut-off if no data by June 1, 2026, 11:59 PM ET, then credible third-party sources may determine the count for January 1 to March 31, 2026.
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Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| 1k+ container ship transits of Suez Canal in Q1 2026? | — | — | — | — | — | — |
Rules
Container shipping through the Suez Canal has been severely impacted since late 2023 due to security concerns in the Red Sea related to Houthi attacks, with major carriers rerouting around the Cape of Good Hope. Prior to these concerns, the Suez Canal Authority (SCA) reported 5,847 container ship transits of the canal for the full year of 2023, for an average of about 1,461 container ship transits per quarter. Following the Houthi attacks, the number of container ships transiting the canal has dropped significantly, with a reported average of around 437 container ship transits of the canal per quarter in 2024. This market will resolve to "Yes" if there are 1000 or more container ship transits of the Suez Canal during the first quarter of 2026. Otherwise, this market will resolve to “No”. The primary source of resolution for this market will be the Suez Canal Authority (SCA), specifically the number of “Container Ships” reported in the SCA “Quarter Number & Net Ton by Ship Type” report for Q1 2026 (https://www.suezcanal.gov.eg/English/Navigation/Pages/NavigationStatistics.aspx). If this resolution source becomes unavailable, another SCA resolution source may be chosen. If the SCA does not publish specific data on the number of container ship transits of the Suez Canal for the first quarter of 2026 by June 1, 2026, 11:59 PM ET, credible third-party maritime data providers (e.g., IMF PortWatch, Clarkson Research, or Lloyd's List), citing SCA figures or satellite tracking data, will be used to determine the count, with the relevant time period being January 1, 2026 through March 31, 2026.