Strait of Hormuz

Xeneta: Asia-US spot rates are nearing pandemic records after surging more than 320% since late February.

The cost of fuel for ocean-going cargo ships more than doubled so far this year, although supplies have improved.

A new study finds that the Strait of Hormuz is just one of many global shipping bottlenecks that can severely disrupt global trade.

Container rate gains on Asia-U.S. trade lanes are reflecting unexpectedly resilient consumer demand despite inflationary pressures.  

Iran is tightly managing vessel traffic through the Strait of Hormuz, but says a deal with Oman to re-open the crude oil chokepoint could be near.

An Indian-flagged cargo ship sank after a fiery attack in the Red Sea, as violence against Mideast shipping spreads across the region. 

Fuel prices climb anew as U.S., Iran battle over Strait of Hormuz, but near-term outlook for tariff pressures uncertain ahead of midterm elections. 

U.S. forces disabled an unladen oil tanker in the Arabian Gulf that was attempting to sail toward Iran in violation of a naval blockade.

DP World is reportedly planning a new UAE port and container terminal away from the Strait of Hormuz.

Shippers could start to see some relief from soaring trans-Pacific ocean rates, according to one analyst, as prices moderated in the most recent week.

Iran closed the Strait of Hormuz and attacked U.S. installations and regional energy production in a widening Gulf war.

Ocean shipping rates continue their upward climb as peak-season demand, and not crude oil, are driving higher prices.

An unidentified cargo vessel was the target of a suspected attack off Oman just as global shipping restarts transits through the Strait of Hormuz.

The Port of Long Beach saw record-high cargo growth in May despite economic and geopolitical uncertainty.

Iran is likely to assert newfound control over the gateway to the Persian Gulf and its crude oil stockpiles.

But supply chain normalcy is likely months off as anxious shippers spur an early peak in a rush to beat fuel surcharges and price hikes by Asian manufacturers. Spot rates on the benchmark Asia-U.S. West Coast route were unchanged at $4,836 per forty foot equivalent unit (FEU) in the latest week, according to the Freightos […]

The United States and Iran announced an agreement to end the war in the Arabian Gulf, but it could take months for shipping and logistics to normalize.

A year after analysts predicted a fundamental shift to a late peak season, trans-Pacific rates are surging on frontloading by importers as the U.S. hits dozens of countries with new punitive tariffs.

The Gulf crisis has yet to hit global container traffic, liner operators say, as April volumes surged past year-ago levels.

Rate hikes and surcharges pushed up benchmark ocean container rates by $1,000 in the latest week, with more to come.