Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
A.P. Moller–Maersk says the Strait of Hormuz crisis is now reshaping global shipping networks, with the carrier warning that the key energy chokepoint is
Multiple sources of trade data are showing the significant impact of the U.S.-Israel war on Iran and how it is going to continue to get worse before it gets
Indian shipping regulators and related authorities seem to be keeping a close watch on ongoing supply chain dynamics for export trades as ocean carriers
The Drewry World Container Index (WCI) rose 2% this week to $2,172 per 40-foot container, marking a third consecutive weekly increase as strength on
The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea
The second set of U.S. waivers on Russian oil and vessel tracking data shows both the Iranian and Russian shadow fleets are profiting off the U.S./Israel war
The Federal Maritime Commission says it is closely monitoring new surcharges being introduced by ocean carriers amid the escalating security crisis around
The effective closure of the Strait of Hormuz is now rippling through global container supply chains, with new data showing a dramatic surge in cargo
Ocean Network Express (ONE) is deepening its relationship with the world’s largest containership leasing platform, announcing plans to increase its ownership
U.S. containerized imports are expected to remain below last year’s levels through the first half of 2026 as tariff uncertainty continues to weigh on trade
The push to bring nuclear energy back into commercial shipping is gaining momentum as the American Bureau of Shipping (ABS) and South Korea’s HD Hyundai
Global container shipping rates edged higher this week as Asian export activity begins to rebound following the Lunar New Year holiday, with carriers
Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo bookings to Arabian Container
By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates
Iran conflict has transformed container shipping from overcapacity concerns to a sudden supply crunch, with 750 ships trapped and insurers refusing coverage.
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
The nation's two busiest container ports posted double-digit declines in January cargo volumes, but industry leaders say the dip reflects comparison against
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar
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