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Halted Strikes on Iran Today could have been a day of war escalation. President Trump posted on Truth Social that there was a military attack on Iran scheduled, but he held it off at the request [...]

U.S. Started Assisting Ships to Cross the Strait of Hormuz this Week While Star Wars nerds, like me, were saying “May the 4th be with you,” family and friends of crew members and [...]

Ocean freight rates have been elevated since the start of the Iran War. However, as we’ve covered in Universal Cargo’s blog, international shipping’s capacity is not stretched [...]

Last week, we blogged on the opening of the Hormuz Strait, but with the two-week ceasefire between the U.S. and Iran feeling tenuous and Iran warning of possible mines in the water and [...]

With the two-week ceasefire between the U.S. and Iran, Iran has reopened the Strait of Hormuz, but shipping traffic through it is reportedly at a trickle. According to a Reuters article by [...]

Oil Prices Outlook Oil has always been a large factor in international shipping costs. The Iran War, with the closure of the Straight of Hormuz, effectively cut off shipping access through the [...]

Yesterday (Monday, March 24th), the Federal Maritime Commission (FMC) said no to carriers requesting waiver of the 30-day notice period before hitting shippers with fees related to the Iran War. [...]

Summit Delay Request Many refer to the current trade deal with China as a trade truce. Shippers would be forgiven for thinking of it as tenuous after the tension of escalating tariffs of trade [...]

Trump Orders Government to Cover Persian Gulf Shipping In Tuesday’s blog about the impacts of the Iran War on international shipping, we brought up insurance, specifically marine insurers [...]