Shipping firms are invoking a 19th-century maritime 'liberties clause' amid the Iran war to reroute cargo and discharge containers at alternative ports. Here's how it works.
Chinese and Taiwanese container liner earnings are showing how the industry is dealing with global ructions as the Iran war dims hopes of a Red Sea reopening and pushes up freight rates, a welcome ...
More than a dozen oil tankers, cargo and other commercial ships have been attacked in the Persian Gulf since the U.S.-Israeli ...
The Persian Gulf’s shipping map is being redrawn as the war on Iran brings traffic through the strategic Strait of Hormuz to a near standstill.
Three vessels were hit in and around the Persian Gulf on Wednesday, according to a British maritime agency. Iran claimed responsibility for one.
With security threats in the southern Red Sea and the Gulf MSC and CMA CGM offer complex routings with inland multimodal legs ...
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Gulf-bound cargo bookings fall 81% as war leaves shipments' final destinations unclear
With its "end of voyage" declaration, MSC could generate up to $150 million in diversion fees, with shippers remaining responsible for onward transport.
For the container industry, war-risk surcharges are no longer exceptional line items that appear and disappear with individual conflicts.
More ocean carriers are halting Gulf bookings and diverting cargo as the Malta-flagged Safeen Prestige caught fire after being struck by an unidentified projectile.
Shipping giants have suspended operations through the strategically vital Strait of Hormuz following U.S. and Israeli strikes on Iran. The Middle East conflict has stoked fears of prolonged disruption ...
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