Strait of Hormuz Shipping Costs Surge as VLCC Round-Trip Costs Rise by $20 Million
Transportation costs through the Strait of Hormuz are becoming a major concern for the international energy shipping market. Total
Strait of Hormuz Shipping Costs Surge as VLCC Round-Trip Costs Rise by $20 Million
The gradual return of Red Sea services is showing another sign of recovery. On August 22, the Maersk container ships Mathilde Maer
Iran Lists 45 Vessels as Non-Compliant, Raising Strait of Hormuz Shipping Risks
On the evening of August 23, local time, the Persian Gulf Strait Authority (PGSA) published a list of 45 “non-compliant vessels.”
111 Containers Inspected and 38 Shipped Back: How Freight Forwarders Can Reduce Multi-Million-Yuan Cash Flow Exposure
When cargo is subject to large-scale inspections, return shipments may not be the only source of pressure for freight forwarders.
U.S.-Canada Tariff Dispute Escalates as 50% U.S. Tariffs Take Effect and Canada Plans Retaliation from September 8
U.S.–Canada trade negotiations have been suspended, followed by an escalation in tariff measures. On the evening of August 21, loc
Saudi VLCC Hit in Houthi-Claimed Attack as Red Sea Shipping Risks Escalate
On August 24, the Saudi VLCC Amzan was struck by an unidentified projectile approximately 63 nautical miles west of Yanbu, and a f
