Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges.

The move was in retaliation to Ecuador’s announcement that it would increase tariffs on imports from Colombia to 50% starting March 1.

Agility and execution matter as much as forecasting.

Some P&I clubs are expected to issue similar cancellation notices to those published by other members of the International Group on March 2.

Update from the Guardian: Strait of Hormuz closed, Iran's Revolutionary Guards says.

Higher energy prices, if sustained, may give producers little choice but to raise prices for their business customers and consumers, says the Institute for Supply Management.

President Trump’s firehose of tariffs promises to trigger a wholesale realignment of global trade alliances.

The administration accused companies of pushing for a speedy schedule out of an “apparent desire to be the center of attention” in the future proceedings before the trade court.

Hapag-Lloyd on March 1 announced a “war risk surcharge” of $1,500 per 20-foot container, effective March 2. France’s CMA CGM SA will charge $2,000.

The Strait is one of the most important focal points at times of tension with Iran, because a fifth of the world’s seaborne oil and liquefied natural gas goes through it each day.