Box ship attacked, Hormuz shut again, Middle East rates sail past pandemic peak

Gulf importers and their forwarders are once more turning to Middle East landbridge routes after renewed conflict between the US and Iran effectively closed the Gulf of Hormuz again. An Iranian attack on the 7,000 teu GFS Galaxy, operated by AD Ports’ shipping subsidiary, Global Feeder Shipping, in the strait led to the vessel catching fire and forcing the 23-strong crew to abandon ship. According Read full article →