DisruptionMultimodal
Supply chain operatives active in the Middle East could find themselves exposed to new US sanctions against the Iranian aviation sector, with the threat of increasing delays in cargo processing also on the cards. Amid increasing its military activity against Iranian targets, the Trump administration yesterday issued 36 sanctions targeting not only Iranian aviation, but companies considered to be supporting it, with Turkish, Malaysian, and Emirati firms explicitly listed. US treasury secretary ...
Vessel transits via the Strait of Hormuz fell on Wednesday to seven from 12 the previous day, preliminary ship-tracking data showed on Thursday, with levels also below the 10-day average of 14.
The Port of Los Angeles handled 955,907 TEUs in August, completing the busiest three-month period in its history. More than 2.9 million TEUs moved through the port during June, July and August. August throughput was roughly in line with the same month last year. However, it stood 6% above the port’s five-year August average. Imports […]
For most of the past, the Suez Canal and the Strait of Hormuz have been analyzed as separate problems: one an Egyptian revenue engine sensitive to Red Sea security, the other a Gulf oil chokepoint sensitive to Iranian behavior.
DisruptionOcean
Intra-Asia freight rates rose for the fifth straight week as typhoon-related congestion in China and bottlenecks in transhipment ports Busan, Hong Kong, and Singapore tied up vessel supply. On 3 September, the Drewry Intra-Asia Container Index (IACI) climbed 9% from 27 August, to $1,312 per 40ft, as typhoon-related port disruption tightened available capacity across key Asian trades. Drewry said: “Spot freight rates from China to South-east Asia and South Asia strengthened further ...
The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces destroyed five Iranian oil tankers on Tuesday after the Islamic Revolutionary Guard Corps targeted an American warship with ballistic missiles. The strikes followed attacks on …
How global shipping is being squeezed by conflicts around two Straits in the Middle East
DisruptionMultimodal
Ukraine's navy claims to have targeted and hit a modern Russian frigate using a domestically-built antiship cruise missile - the same model used to si...
An already strong peak shipping season is forecast to end with a bang this month as vessel delays in China and draft restrictions along the Panama Canal push robust imports into early fall, the National Retail Federation says.
↑Transit time↑Container spot rate↑Rail intermodal volume & dwell↑Truckload spot rate
DisruptionMultimodal
The conflict between Iran and the United States has settled into a tit-for-tat battle in which the United States seeks to deplete the Iranian regime’s...
DisruptionMultimodal
Visibility tells you what’s wrong. Does your network know how to fix it? Real-time visibility has become table stakes in supply chain management. But seeing a disruption and solving it are two very different things. When capacity tightens, regulations shift and customer expectations keep rising, dashboards and alerts alone leave your team scrambling for emergency […]
Security conditions around the Strait of Hormuz have deteriorated further following a new series of attacks involving commercial and military vessels. Iran said it attacked 10 ships near the strategic waterway. The announcement followed U.S. strikes against five Iranian crude oil tankers. Meanwhile, the United Kingdom Maritime Trade Operations (UKMTO) reported incidents involving several merchant […]
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
DisruptionMultimodal
The company is working through a backlog after the cyberattack hampered manufacturing, order processing and shipping.
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.
As Hormuz and the Red Sea harden into chronic risk, China’s Arctic hedge collides with an inconvenient fact: Moscow still holds the only key.
Asia-Europe container rates are falling as carriers continue to adjust capacity and routing across major trade corridors. According to Sogese’s September Europe Container Market Update, the container market is becoming more fragmented. Freight rates, demand and available capacity are increasingly moving in different directions across individual trades. Sogese expects a gradual return of services through […]
The maritime war around the Strait of Hormuz has escalated dramatically over the past 24 hours, with the US attacking five Iran-linked tankers and Tehran claiming to have subsequently targeted two US vessels, eight oil tankers and another 10 ships attempting to pass through the strait. US Central Command said it struck the five tankers …
Tensions between Iran and the US continue to climb around the Strait of Hormuz, with Iran now announcing plans to impose a wider exclusion zone on areas near the strait. Fuel rates have trended up since the ceasefire collapse in July, but recent escalations as well as an increase in Chinese crude imports have pushed […]
DisruptionMultimodal
On Tuesday, U.S. Southern Command carried out a coordinated strike to destroy a "floating refueling station" for drug-running boats in the Eastern Pac...
DisruptionOcean
Disputes continue to mount related to the project for South Korean shipbuilders to build Russian LNG tankers supporting Russia’s Arctic LNG 2 project....
DisruptionOcean
The tankers in the Gulf of Oman and near Kharg Island were targeted after Iran attempted to attack a US warship
DisruptionOcean
In response to a second attempted Iranian missile strike on U.S. Navy warships on Monday, U.S. forces have hit another five Iran-linked tankers inside...
In back-to-back strikes on Monday and Tuesday, Yemen's Houthi rebels hit the Saudi refining complex at Jazan (Jizan) with drones and missiles, startin...
↑War-risk insurance premium↑Transit time↑Container spot rate↓Effective fleet capacity
DisruptionOcean
That comes as ONE said the port would be temporarily omitted from 11 Premier Alliance US East Coast sailings through mid-October to maintain schedule reliability.
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