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Supply Chains in Crisis: Page 15

Brazil Nears Its China Beef Quota in Big Shift to Trade Flow

With a 55% tariff on any additional volumes, the looming quota fulfillment will likely bring Brazil’s trade with China to a halt.

Photo: iStock/SimonSkafar

Report: Iran War Drives Surge in Manufacturing Costs

Manufacturing producer costs saw their highest spike since June of 2022 this last April, while the overall rate of inflation jumped substantially for the third straight month.

Photo: iStock / Drazen_

U.S. Guides Stranded Maersk Ship Through Strait of Hormuz

The exact route the Alliance Fairfax took to exit the strait remains unclear, nor has any information been offered as to the exact role the U.S. Navy played.

Photo: iStock / 35007

Ships Cluster Further From Hormuz Strait as Iran Widens Grip

Since May 4, nearly 60 vessels across different types sailed into an area off Dubai — an unusually large number.

Image: Bloomberg

Australia and Japan Strike Deals on Energy, Critical Minerals

"Our friendship has never been closer, and in these uncertain times, friendships matter more than ever," Australian Prime Minister Anthony Albanese said.

Photo: iStock / Oleksii Liskonih

Shipping Lines Skeptical of Trump's Plan to Help Trapped Hormuz Vessels

Trump provided few specifics regarding the scope of the plan to assist ships trapped in the strait, or even how exactly it would work in practice.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

U.S. Denies Iran Report That Naval Ship Was Hit by Missiles

Project Freedom was set to begin on May 4, with the U.S. military pledging to provide support, including the use of guided-missile destroyers, aircraft and drones.

Photo: iStock / Dimitrios Karamitros

Shipowners Face Sanctions if They Pay Iran Hormuz Fees

Non-U.S. persons who pay could also face civil and criminal enforcement liability if payments cause U.S. persons, such as insurers and financial institutions, to violate sanctions.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

Somali Pirates Hijack Oil Tanker in Red Sea

The Houthis and Somali pirates have cultivated an alliance over the years, with the rebels at times providing technology and military backup.

Photo: iStock / Vidas Pocius

Trump Says U.S. to Start Guiding Trapped Ships Through Hormuz

This new effort does not currently involve U.S. Navy escorts, but rather a coordination process for countries, insurance companies and shipping organizations.

Photo: iStock / 35007

Oil Tanker Pricing Feud Embroils a Centuries-Old London Market

The case is the latest example of how oil traders and shippers are struggling to adjust to the disruption wrought by the near-closure of the Strait of Hormuz.

Photo: Bloomberg

Iran Doubles Down on Fight for Control over Strait of Hormuz

Khamenei stressed that Iran has no intention of relinquishing control of the Strait of Hormuz, and that the country plans to implement new legal frameworks for managing the waterway.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

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