Strait of Hormuz

Ocean liner CMA CGM is introducing emergency multimodal transport options for the UAE and northern Gulf to bypass the Strait of Hormuz.

One shipping line is charging shippers for free extended storage time in the war-torn Persian Gulf, while several countries are reportedly in talks with Iran to get trapped vessels safely through the Strait of Hormuz.

The United Kingdom plans to send minesweeping drones to reopen the Strait of Hormuz instead of Trump’s demand for ships, fearing escalation of violence that has blocked oil shipments from the Persian Gulf.

A farm trade group warned President Trump that the closure of the Strait of Hormuz could send fertilizer prices higher, potentially raising food prices for consumers.

Decades of underinvestment have left the Gulf region with few alternatives to the Strait of Hormuz, an analyst says.

The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.

Maersk’s CEO said the closure of the Strait of Hormuz has effectively trapped 10 of the line’s ships in the Persian Gulf.

Thousands of merchant mariners and hundreds of cargo ships remain trapped in the Persian Gulf region as violence escalated in the Strait of Hormuz.

Despite near-daily requests from shipping, the U.S. Navy has refused to provide escorts in the Strait of Hormuz, according to a report.

A ONE container ship in U.S. service was attacked in the Persian Gulf, the first confirmed targeting of merchant shipping beyond the Strait of Hormuz.

The world’s largest container shipping line in an unusual move is diverting all cargo destined for the Arabian Gulf region to safe ports, and charging shippers $800 for move. 

As Iran retaliates against U.S.-led attacks, the effects on Persian Gulf shipping threaten to spread beyond the region to the wider global supply chain.

The largest container vessel lines shifted operations as Iran attacked Persian Gulf ports and tanker vessels in the Strait of Hormuz. 

Maersk said it has re-opened services to Haifa port days after Iranian missile barrages hit the Israeli city.

The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific may have peaked.

Shipping analysts warn Israel’s attacks on Iran could lead to another Red Sea situation if carriers avoid key trade route.    

A leading exec in liquefied gas shipping gives his take on war in the Middle East, market fundamentals and shipping stocks.

Will Iran retaliate after America commandeers four Iranian gasoline shipments?

Tensions in the Strait of Hormuz have always been good for tanker rates and stocks — until now.

Killing of Iranian general and Iranian retaliation could spark another tanker rate spike.