Maersk adds $1,000 per container charge for Hormuz transits
Response to Houthi Red Sea pressure unclear as Middle East logistics faces further restrictions.
Global chokepoints and domestic corridors — what is moving, and where we can name it, what it costs.
Response to Houthi Red Sea pressure unclear as Middle East logistics faces further restrictions.
The canal that connects the Pacific and Atlantic oceans has been operating at close to capacity with an average of 35 transits daily
The Dubai-headquartered company is to develop new container and general cargo terminals on the UAE’s East Coast
The Yemen based group follows through on a blockade of Saudi ports claiming to have struck two tankers in the Red Sea
Asia-East Coast spot rates remain elevated with capacity limitations on the trade lane and a second round of restrictions on Panama Canal transits.
The $6.2bn Umm Shaif development will add over 600m scfd as Gulf producers face damaged infrastructure and curtailed LNG shipping.
Ship’s crew often feel forgotten in public discussions around freight rates, insurance premiums and disruption to trade
Vessel routes are now hugging coastal areas in an effort to avoid drone attacks, Russian ships to the east and Ukrainian vessels to the west as the war on trade continues
Following Houthi threats to ships calling in Saudi some vessels have changed course in the Red Sea
The new surcharge arrives as the Panama Canal Authority (ACP) will limit neo-Panamax vessels to a 49-foot depth starting this Friday.
The seasonal service offers approximately two-week faster transit than traditional east-west routes that now generally sail around the Cape of Good Hope due to Red Sea diversions.
Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.
Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.
Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port’s container handling business.
Petroleum markets in the second quarter of 2026 (2Q26) were characterized by continued disruptions to international crude oil and petroleum product flows through the Strait of Hormuz, contributing to higher and more volatile crude oil prices through most of the quarter. The disruptions also resulted in international buyers seeking alternative supply sources for petroleum products, driving up U.S. refinery margins, production, and exports.
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