CFOs Take Center Stage at Global Fashion Summit
Iran
Maersk Faces $500 Million in Extra Monthly Costs Due to Iran War
The carrier is passing added costs to customers through surcharges and higher spot rates, and warns the…
CMA CGM Ship Struck by Projectile in Hormuz; US Halts ‘Project Freedom’
President Donald Trump said the naval escort operation would be paused for "a short period of time" just two…
Maersk Ship Clears Hormuz Under US Escort as MSC, Hapag-Lloyd Pivot Routes
The U.S.-Iran ceasefire endured its biggest stress test Monday, but carriers are finding ways to operate…
Op-Ed: The War in Iran Is a Stress Test of Apparel Sector’s Energy Strategy
Ongoing geopolitical instability has exposed a structural fragility in global consumer goods supply chains…
‘Crisis After Crisis’: Brands Silent as Tariff and Oil Shocks Devastate Garment Workers
A black hole of information has made it difficult to assess the extent of the damage to garment workers'…
Hormuz ‘Opening’ Proposal Faces Skepticism as Iran Seeks End to US Blockade
While Iran's proposal would pause attacks on vessels, the Trump administration is extending a Jones Act…
US Sanctions Turkish Textile Firm Tied to Iran Weapons
Cotton pulp from West and Central Asia has emerged as modern warmongering's most unlikely weapon.
Despite Middle East Conflict, Alsara’s Alia Rachid Said Plans for Design Platform Are Still Going Strong
The full exhibition of Rachid's Fromm.Lab educational and talent platform will be showcased at the Design…
Iran Detains Two MSC-Operated Vessels in Hormuz, Fires on Another Ship
The vessel seizures follow last weekend's temporary easing of transit conditions in the strait, when four…
‘Right Back Where We Started’: CMA CGM Ship Hit as Hormuz Attacks Resume
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel…
Cost Pressures, Ripple Effects of Iran War Prompt Worker Wage Protests in India
When protests broke out in factories in the Noida area on Monday, several factory owners said they saw it…
Hormuz ‘Completely Open,’ but Clarity Eludes Container Shipping Market
Conflicting signals from the U.S. and Iran and ongoing risk concerns keep carriers like Maersk and…
‘Pressures Are Indeed Mounting’ from Iran War, Says Port of Long Beach CEO
While the conflict has not impacted port volumes, NRF's Jon Gold warns smaller retailers and consumers face a…
‘Do Not Hesitate’: Shippers Urged to Lock in Lower Contract Rates Despite Hormuz Disruptions
With contract season coming to a close, overcapacity is keeping pricing negotiable for importers and…
Hormuz Shipping Faces ‘Restrictive’ Transit Environment as US Blockades Iran Ports
As the U.S. Navy moves to interdict vessels in the strait amid a fragile ceasefire, carriers endure uncertain…