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Hormuz crisis drives oil prices, shipping diversions and pressure on container supply

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Macron announces defensive mission to reopen the Strait of Hormuz

France proposes an international operation to restore maritime transit French President Emmanuel Macron announced that an international mission of a “purely defensive” nature is being prepared with the aim of allowing the reopening of the Strait of Hormuz, one of the most important maritime routes for global energy transportation. The…

October Surprise: Spot Rates Rebound, but 2026 Remains Under Pressure

After months of decline, spot rates in container shipping took an unexpected turn in October. According to data from Xeneta, major routes from Asia to Europe and the United States saw significant increases: 38% on the U.S. West Coast (USWC), 23% on the East Coast (USEC), 18% to Northern Europe,…

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