US EditionMiddle East War Boosts Shipping Rates to All-Time Highs, Says Clarksons
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5 Articles
The rally in the tanker freight market, with rates hitting historic highs as a result of disruptions in the Straits of Hormuz and the Persian Gulf, is not possible to... The frenzied rally in freight rates is unsustainable - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Stop the War — We're All Paying the Price
War is expensive. And you're footing the bill. Right now, as I write this from my wheelchair in my small corner of the world, I'm watching numbers climb on screens — fuel prices, food costs, shipping rates — and every single digit traces back to the same rotten root: a war nobody asked for. The U.S. and Israeli conflict with Iran has choked off tanker traffic through the Strait of Hormuz, and the shockwave isn't hitting generals or politicians. …
Faced with the uncertainty surrounding the international logistics sector due to the war in the Middle East, major shipping lines are increasing maritime freight rates, a price surge that directly impacts the movement of goods overseas, including those entering and leaving the Dominican Republic, and which may eventually result in higher costs for importers and higher prices for consumers.
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