Gulf freight rates soar as Strait of Hormuz disruptions persist
4 Articles
4 Articles
From the energy race to the war risk that enters insurance contracts, the Gulf wave put pressure on companies. Contractual clauses...
How the 'Hormuz Premium' has upended container trade seasonality
The Hormuz crisis has upended normal container freight rate seasonality, according to Sea-Intelligence analysis, with spot rates on major east-west trades rebounding sharply instead of following the customary post-Chinese New Year decline. According to the consultancy, the disruption has been particularly pronounced on the transpacific, where spot rates are now hundreds of dollars per 40ft above levels normally expected at this point in the sea…
Large shipping companies have opened routes for freight from the Red Sea and Gulf of Oman ports.
Gulf freight rates soar as Strait of Hormuz disruptions persist
The surge in Gulf freight rates highlights the strategic vulnerability of global trade routes amid geopolitical tensions, prompting logistical shifts. The post Gulf freight rates soar as Strait of Hormuz disruptions persist appeared first on Crypto Briefing.
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