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Global Gateways: Page 13

Lufthansa Cuts 20K Flights to Save Jet Fuel
The company said the announcement signals a capacity decrease of less than 1% in available seat kilometers.
Photo: iStock/Jetlinerimages
IMO Prepares Hormuz Evacuation Plan for Hundreds of Ships
Around 800 ships remain stuck in the Persian Gulf after traffic through the Strait of Hormuz slowed to a trickle following the outbreak of the war.
Photo: Bloomberg
U.S. to Partner with Philippines on Industrial Hub
The new "economic security zone" — described as the first of its kind — will be used as the first node in a larger global industrial network.
Photo: iStock / Oleksii Liskonih
Confusion, Caution Over Hormuz Access
The U.S. is apparently continuing its naval blockade on ships accessing Iran.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen
Tehran again shut the waterway following a refusal by the U.S. to lift its own naval blockade of Iran’s vessels.
Hormuz Traffic
Oil Tankers Start to Dash for Hormuz as Shipowners Seek Answers
“Would you be the first penguin off the ice floe to test the water?” one shipowner asked.
Photo: iStock/Jacynthroode
Iran Says Hormuz to Open During Lebanon Truce in Boost for Peace
Hormuz is “open and ready for business,” Trump said on Truth Social on April 17.
Photo: iStock / PeterHermesFurian
Panama Canal Traffic Jam Spurs $4M Line-Jumping Payment
The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.
Photo: iStock / Ceri Breeze
Iran War Exposes Economic Fragility of Pacific Islands
With few signs that the Strait of Hormuz will be fully open to tankers anytime soon, islands in the Pacific face a deepening crisis with no end in sight.
Photo: iStock / chameleonseye
TSMC Sees 58% Boost to Profits in Q1 of 2026
TSMC also warned of potential long term impacts to profitability from the ongoing war in Iran, which has impacted the global supply of chemicals used in chipmaking.
Photo: iStock / BING-JHEN HONG
U.S. Says Six Ships U-Turned in First Day of Hormuz Blockade
No vessels made it through the blockade, which is made up of more than a dozen warships and 10,000 service personnel, according to CentCom.
A cargo vessel near the Strait of Hormuz, on March 22. Source: Getty Images
Port of LA’s Volume Figures Remain Healthy
Between January and March 2026, POLA handled 2.4 million TEUs, down 5% from last year.
Los Angeles, California. Photo: iStock / KKStock
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