Ukraine and Russia strike multiple ships in the Black Sea
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
Global chokepoints and domestic corridors — what is moving, and where we can name it, what it costs.
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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