Following the disruption that cost the global economy an estimated $400 million an hour, ocean freight carriers and supply chain executives were breathing a sigh of relief Monday after the Suez Canal Authority said Evergreen’s Ever Given mega container ...

DP World is planning a new port and container terminal in Fujairah on the UAE's east coast to bypass the Strait of Hormuz and safeguard trade flows amid recurring disruptions due to the war.

The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in ​demand from importers who are worried costs will only rise further as the conflict wears on.

Shipping lines, retailers, and manufacturers are adapting to prolonged uncertainty around Hormuz and global trade flows.