Browsing: Shipping
The Iran war added $500 million in monthly costs to Maersk and it’s struggling not to pass it down
A prolonged war in Iran will bump the odds of inflation while simultaneously forcing a slowdown in consumer demand. All of…
Iran is setting up an agency to tax ships passing through Hormuz even as it negotiates a peace deal
Iran has created a government agency to vet and tax vessels seeking passage through the crucial Strait of Hormuz, a shipping…
Cargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by…
UPS, FedEx will give tariff refunds back to customers that could be worth more than $5 billion
The day after the Supreme Court’s decision striking down President Donald Trump’s tariffs under the International Emergency Economic Powers Act…
$500 million superyacht linked with Russia’s richest man just passed through blockaded Hormuz Strait
Though the Strait of Hormuz has been effectively closed as the war in Iran enters its ninth week, that hasn’t…
Businesses spending $4 million to cross the Panama Canal as ‘it’s safer’ than the Strait of Hormuz
Businesses have doled out as much as $4 million for last-minute plans to move boats through the Panama Canal in recent weeks,…
Jamie Dimon says the Iran war was inevitable, and the Middle East payoff could be worth it
The U.S.-Israeli campaign in Iran has been criticized as a war of choice, one with an unclear strategy and even…
Trump’s war created a private oil lane for China and other countries willing to play ball with Iran
Iran is asserting control over the Strait of Hormuz even as the U.S. and Israel continue to bombard the country,…
White House suspends the Jones Act for 60 days. Analysts see a gas price impact of 3 cents
As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it will temporarily waive maritime shipping requirements…
The Strait of Hormuz is effectively closed. Since the beginning of the conflict involving the United States, Israel and Iran…












