The Strait of Hormuz is 21 nautical miles wide. Through it passes roughly one-fifth of the world's oil. That is ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
The Strait of Hormuz will dominate container shipping's crisis agenda for as long as it remains closed, and rightly so.
Operation Epic Fury forces dual shipping reroutes through Strait of Hormuz and Red Sea, adding $2,000-$4,000 per container and 10-14 days. Retail faces a crisis.
Private container depots and operators of lighter vessels have urged the government to ensure an uninterrupted supply of diesel to keep export and import activities running smoothly.
The proposals were discussed at a Shipping Ministry meeting with industry stakeholders as authorities assess the impact of the crisis on maritime trade and logistics.
Middle East Crisis: The port's move came following the directives issued by the Ministry of Ports, Shipping and Waterways (MoPSW) on March 6, 2026, which established a "Standard Operating Procedure ...