Hormuz crisis side effect: a sharp rise in container shipping rates

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Hormuz crisis side effect: a sharp rise in container shipping rates

www.lloydslist.com

git [he/him, comrade/them]@hexbear.net to

news@hexbear.netEnglish · 1 month ago

cross-posted to:
hackernews@lemmy.bestiver.se

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

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