Pomellato to Stage Paris Exhibit
Strait of Hormuz
Ships Stack Up at Hormuz Entrance as U.S. Denies Report of Navy Escorts
As Iranian brass maintains mixed messaging on whether the country will levy tolls for vessels to pass…
Iran Moves Toward Formal Strait of Hormuz Toll System
Tehran's proposed Hormuz transit framework would require vessel declarations, approvals and payments as…
Freight Rates Spike Double Digits as China Scrutinizes Ocean Carriers
As Drewry's WCI jumped 12 percent this week, China's transport ministry fined and warned major container…
Port of LA Chief Says Shipping Confidence in Strait of Hormuz ‘Not There Yet’
Gene Seroka says no executive wants to make the first move back through the strait, even as April cargo…
The Panama Canal is Cashing in on the Iran War
With oil tankers avoiding the Strait of Hormuz, the Panama Canal has driven revenue increases of 10 to 15…
Hormuz Disruption Avoids Red Sea-Style Schedule Reliability Collapse
Sea-Intelligence says the Hormuz blockade created a localized "volume shock," unlike the global transit…
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…
‘Something Has to Give’: DHL CEO Sounds Alarm on Daily Oil Shortfall as Fuel Costs Climb
Tobias Meyer said hte logistics giant is in a good position to ride out the uncertainty.
Panama Canal Booking Prices Surge on Hormuz Instability
Average auction prices to pass the canal have nearly tripled as carriers hedge against the Iran war, with one…
Air Cargo Demand Slid Nearly 5% in Iran War’s First Month
IATA data showed Gulf carriers were hit hardest with a 54 percent demand drop, as jet fuel spikes and…
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…
Indonesia Shuts Down Malacca Strait Toll Talk, Distancing From Hormuz
Indonesia reaffirmed a commitment to free maritime navigation under international law after its finance…
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…