Strait of Hormuz
CMA CGM Vessel Navigates Hormuz as Crisis Remains ‘Localized’
A Drewry analyst says shippers "should not panic" regarding freight rate increases, which are most prominent…
Pakistan’s Ports Capitalize on Gulf Shipping Disruptions
The Port of Karachi handled record transshipment volumes in March as incentives and vessel rerouting both…
Houthi Threat to Red Sea Shipping Could Reemerge as Iran Conflict Deepens
Potential escalation would compound Hormuz disruptions, shrinking rerouting options and accelerating cost…
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Cosco Ships Cross Hormuz as Retailers Brace for Cost Fallout
The transits through the conduit are the first for a major ocean carrier since the start of the Iran war…
Hormuz Crisis Hits Hapag-Lloyd With Up to $50M in Added Weekly Costs
As fuel cost pressures intensify for Hapag-Lloyd and its ships remain stranded in the Persian Gulf, Cosco…
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…
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…