Strait of Hormuz
Cosco Reopens Middle East Bookings Amid Hormuz Volatility
The Chinese carrier becomes the first major line to reopen bookings to select Gulf states as security risks…
Iran’s $2 Million ‘Pay-to-Pass’ Fees Reportedly Emerge in Strait of Hormuz
On Tuesday, the Iranian Navy turned back a container ship from passing through the corridor due to "failure…
Hormuz Disruptions Lift India-Bound Freight Rates
According to Xeneta, average spot rates for goods shipped from China to India's Nhava Sheva Port have…
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Freight Recovery Gains Steam as Heavy-Duty Truck Orders Surge
Class 8 orders have hit the highest level since September 2022, though diesel price spikes tied to the Strait…
Three Ships Hit Near Strait of Hormuz as Iran War Disrupts Global Apparel Logistics
Attacks on vessels including the ONE Majesty add pressure to already strained supply chains as south Asian…
Hormuz Shipping Slowdown Spurs Port Congestion From India to Singapore
Iran's threats keep carriers away even as the U.S. unveils a $20 billion maritime reinsurance plan, with the…
Gulf-Bound Cargo Bookings Fall 81% as War Leaves Shipments’ Final Destinations Unclear
With its "end of voyage" declaration, MSC could generate up to $150 million in diversion fees, with shippers…
Container Ships Stuck in Persian Gulf as Hormuz Conflict Paralyzes Traffic
More than 120 vessels remain inside the Gulf while carriers divert containers to Singapore, Colombo and other…
Attack on Container Ship in Strait of Hormuz Triggers Wider Gulf Shipping Disruptions
More ocean carriers are halting Gulf bookings and diverting cargo as the Malta-flagged Safeen Prestige caught…
‘You Can’t Insure Your Assets There’: ONE CEO Warns as Shipping Skirts Hormuz
Amid industrywide concern, President Trump said the U.S. will cover risk insurance for ships and provide a…
Air Freight Shockwave: US-Iran War Grounds Flights Across Middle East
Global air freight capacity plunged 18 percent as an array of global carriers suspend flights, reroute…
Iran Conflict Sends Shockwaves Through Asia’s Trade and Manufacturing Hubs
Asian countries—including Myanmar, Bangladesh and Thailand—now face the crisis of the conflict between the…
Ocean Carriers Dodge Hormuz, Red Sea as Middle East Conflict Jolts Global Shipping
War-risk premiums and emergency freight hikes threaten to drive up landed costs for shippers reliant on Gulf…
Maersk Resumes Haifa Imports; Strait of Hormuz Shipping Normalizes
The Iran-Israel ceasefire has bred hope for a return to more typical operations in the Middle East, but…
US-Iran Clash Sparks Strait of Hormuz Blockade Threat Fears
A blockade would likely be a more targeted operation focused on U.S. and Israeli shipping, according to a…