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Freight & Shipping

Every Ship Crossing Hormuz Could Soon Pay a Fee — Here's What That Means for Global Freight Costs

Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz under a voluntary fee system modelled on the Stra...

Aug 03, 2026 13 Read Story
Every Ship Crossing Hormuz Could Soon Pay a Fee — Here's What That Means for Global Freight Costs
Freight & Shipping AI Featured

Every Ship Crossing Hormuz Could Soon Pay a Fee — Here's What That Means for Global Freight Costs

Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz under a voluntary fee system modelled o...

Europe's Rivers Are Hitting Record Lows — And the Freight Crisis Is Already Starting
Freight & Shipping AI

Europe's Rivers Are Hitting Record Lows — And the Freight Crisis Is Already Starting

The Rhine's water level at Kaub has matched the all-time record low of 25 centimetres set in 2018 — weeks earlier in the season th...

CMA CGM Just Added an Emergency Surcharge to Every Container — Here's What It Costs and Why
Freight & Shipping AI

CMA CGM Just Added an Emergency Surcharge to Every Container — Here's What It Costs and Why

Effective today, August 1, 2026, CMA CGM — the world's third-largest container carrier — is applying an Emergency Fuel Surcharge o...

Cargo Ships Are Being Hit by Drones in the Black Sea — And It Is Getting Worse Every Day
Freight & Shipping AI

Cargo Ships Are Being Hit by Drones in the Black Sea — And It Is Getting Worse Every Day

The Black Sea has become one of the world's most dangerous shipping zones. On July 30, 2026, a Turkish-owned cargo ship carrying c...

Hormuz Strikes Resume — Oil Whipsaws 18% as Bab al-Mandeb Traffic Falls 22%
Freight & Shipping AI

Hormuz Strikes Resume — Oil Whipsaws 18% as Bab al-Mandeb Traffic Falls 22%

In the space of 72 hours, the Strait of Hormuz delivered the most volatile sequence of the entire five-month crisis: US strikes pa...

Hapag-Lloyd Just Reopened Upper Gulf Bookings — But the Hormuz Route Is Still Off the Table
Freight & Shipping AI

Hapag-Lloyd Just Reopened Upper Gulf Bookings — But the Hormuz Route Is Still Off the Table

Hapag-Lloyd announced on July 29 that it has reopened bookings to six Upper Gulf countries — Kuwait, Saudi Arabia, Iraq, Qatar, Ba...

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