Signal Report·8 min read
Hormuz Risk Rises as Asia-Europe Container Rates Fall
Drewry's World Container Index ended this period almost where it began, but the lanes beneath it split: Shanghai–New York rose to $10,220 while Shanghai–Rotterdam fell to $3,337 as Suez services returned. The Strait of Hormuz is moving more oil and is no safer for ships — Iran's Revolutionary Guard said this month it struck the gas carrier NV Sunshine. Polypropylene resin into Turkey still sits 45% above its pre-war level.
Read analysis