News
Asia-Europe rates round-trip the Iran premium below pre-war level, separating the durable Cape floor from a decaying chokepoint mark-up
8+ hour, 13+ min ago (256+ words) Container Management The Asia-Europe trade has just run an empirical experiment in how container freight markets price chokepoint risk, and the answer is that the premium decays even when the physical disruption does not. Drewry's World Container Index settled at…...
Five weeks, 21 attacks, 20, 000 still stranded: the Gulf's seafarer crisis by the numbers
3+ week, 21+ hour ago (535+ words) Container Management Five weeks after the International Maritime Organization (IMO) declared a humanitarian emergency in the Persian Gulf, the number that matters most has not moved. Around 20, 000 civilian seafarers remain aboard vessels unable to transit the Strait of Hormuz, facing…...
COSCO boxships turn back at Hormuz as China's safe passage assumption collapses
3+ week, 6+ day ago (407+ words) China's Hormuz safe passage collapses as COSCO boxships turn back and UN builds humanitarian corridor'Container Management The IRGC's naval blockade of the Strait of Hormuz claimed its first major container shipping casualties this week when COSCO's CSCL Indian Ocean and…...
Houthis signal an end to attacks on Israel and Red Sea shipping
5+ mon, 2+ week ago (355+ words) The Houthis have signalled a stop to their attacks on Israel and commercial ships in the Red Sea, following a ceasefire in Gaza, although the risk to shipping remains. In a letter sent to Hamas" military wing, Kata"ib al…...