To prioritise the safety of employees, crew, vessels and cargo, all shipping organisations have suspended all bookings for worldwide cargo through the Middle East region (encompassing the Red Sea, Gulf of Aden, Persian Gulf, Arabian Gulf, Indian Ocean Rim and Strait of Hormoz) until further...
The current conflict in the Middle East has disrupted logistics services throughout the region, with flow on effects reverberating across the globe. During the first week of the conflict more than 700 vessels (approximately 10% of the world's container fleet) were affected by disruptions along the...
The ongoing closure of the Strait of Hormuz amidst geopolitical developments has resulted in significant disruptions across global shipping. In response to the ongoing volatile situation in the Middle East and its impact on fuel supply and costs, shipping organisations have announced the implementation of an...