Iran’s attack on Israel and its recent seizure of MSC Aries widens the risk area for containerships eastwards, from the Suez Canal/Red Sea/Gulf of Aden area to the entire Strait of Hormuz/Gulf region. In this latest Freight Loop briefing, Philip Damas, Head of Drewry Supply Chain Advisors assesses the complexities presented by any escalation in attacks in the vicinity of Hormuz and possible contingency measures open to carriers to mitigate serious disruption to free passage through this maritime pinch-point.
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Jan 2019 = 100
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