Loading…
Xeneta expects full recovery of container shipping in the Strait of Hormuz to take until mid-September 2026 at best, even under a US-Iran deal. About 10% of global container capacity is affected, and spot rates are expected to rise for at least four more weeks.
Capacity lost to the blockade is pushing up freight rates across major trade lanes. Higher ocean freight raises the delivered cost of imported feed ingredients.
tradearabia.comOSLOMar 9, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
