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Supply Chains in Crisis: Page 29
Qatar Has Loaded Its First LNG Cargoes Since Force Majeure
The trip still depends on navigation in the crucial Strait of Hormuz, which is effectively closed for commercial ships.
Disruption to Shipping in the Gulf Brings Record Cancellations
New import bookings have collapsed while cancellations spike, reports Dun & Bradstreet.
Reinsurers Triple Ship Insurance Costs After U.S. Torpedo Attack
If hostilities persist for another 10 days, buyback options may no longer be available.
USCIT Orders Trump Admin to Pay IEEPA Tariff Refunds
The ruling provides long-awaited clarity for businesses, given that the Supreme Court did not address the issue of refunds when it overturned the levies.
South Korea and Philippines to Deepen Ties in Defense, Shipbuilding
The two leaders also agreed to expand cooperation in new areas of growth, such as shipbuilding, nuclear power, supply chain and artificial intelligence.
CSCOs Urged to Act Swiftly in Response to Iran War
Do not ignore the potential for your business to leverage upside as a consequence of an otherwise difficult geopolitical event, warns Gartner's David Gonzalez.
Trump Says U.S. Will Escort, Insure Oil Tankers During Iran War
Trump said the U.S. International Development Finance Corporation would offer insurance to help ensure the flow of commercial trade in the Gulf.
Iran Conflict Creates Layers of Uncertainty Across Middle East
Economists caution that the broader risk lies less in surging oil prices, and more in how that interacts with other mounting geopolitical pressures.
World’s Top Container Carriers Revise Sailings to Avoid Mideast
Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges.
Major Threat to Supply Chains as Scope of U.S.-Iran War Widens
Update from the
Guardian
:
Strait of Hormuz closed
, Iran's Revolutionary Guards says.
Shipping Lines Cut Mideast Routes Posing Risk to Trade Flows
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.
Maersk, MSC Units to Temporarily Run Disputed Panama Ports
Panamanian officials are hoping to reassure carriers and shippers that operations will remain stable while a longer-term concession process unfolds.
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