As the shipping industry awaits the next phase of US-Iran diplomatic meetings and while nobody knows when the vital Strait of Hormuz will allow safe passage of ships again, Drewry considers which scenarios of Hormuz maritime activity or further disruptions are plausible and what the implications will be for industry and for shipowners.
01 Apr 26: The increasing volatility in freight rates caused by the Iran war is not comparable in scale to the extreme freight rate inflation of the Covid period, analysis from Drewry Shipping Consultants shows.
31 Mar 26: International general airfreight rates surge by up to 95% (Feb to Mar) as reduced airfreight capacity and higher fuel prices caused by the Iran War threaten to bring prices back to Covid record levels.
Drewry’s investment research team updates its independent assessment of the financial health of the box shipping industry. The full report is now available to purchase online.