About 10% of Global Container Fleet Delayed Near Strait of Hormuz After Attacks
2 hours agoBusiness
31LENS
2 SourcesLong Beach, California, United States
TBNthebalanced.news

About 10% of Global Container Fleet Delayed Near Strait of Hormuz After Attacks

Approximately 100 container ships, representing about 10% of the global container fleet, are currently delayed near the Strait of Hormuz. This backlog follows recent U.S. and Israeli attacks on Iran, according to Jeremy Nixon, CEO of Ocean Network Express, who spoke at a shipping industry conference in Long Beach, California. In total, around 750 ships are affected by the congestion in this strategic maritime corridor.

Political Bias
0%100%0%
Sentiment
40%