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Hormuz crisis side effect: a sharp rise in container shipping rates
Greg Miller, Lloydslist.com
Spot container freight rates continue their ascent as ocean carriers pass along much higher fuel costs resulting from the effective closure of the Strait of Hormuz. If the strait doesn’t reopen soon, the impact on container market could intensify
TradeEconomy & FinanceForeign Policy & InternationalMiddle East
May 30, 2026, 6:19 PM
They all said Hormuz closure would be brief. What if they were wrong?
Greg Miller, Lloydslist.com
On day six of the Middle East war, hope of a swift reopening of the Strait of Hormuz is fading. There does not seem to be a quick fix. A material return of transits in the future will require shipowners to be convinced that the route is safe for their crew an…
Foreign Policy & InternationalMiddle EastCrisis & Emergency
Mar 8, 2026, 1:46 AM