\n
Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict.<\/p>\n
\u201cGeo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see a de-facto closure of the Strait of Hormuz\u2014a vital entry point for container ships calling at ports such as Jebel Ali and the wider Arabian Gulf region,” said Sand.<\/p>\n
\u201cAny closure of the Strait of Hormuz would see services re-routed, with increased reliance on India West Coast ports for connecting the Far East to Indian sub-continent. The inevitable disruption and port congestion, as well as the potential for higher oil prices, would cause a spike in ocean freight container shipping rates, with carriers likely also pushing for a \u2018security surcharge\u2019 on these trades in the coming days.<\/p>\n
\u201cThis escalation also makes a largescale return of container ships to the Red Sea seem less likely, a situation which continues to have a major impact on ocean container shipping rates 18 months after Iran-backed Houthi Militia in Yemen began attacking vessels in the region.<\/p>\n
\u201cAverage spot rates from Far East to North Europe are up 62% since December 1, 2023, just before escalation in the Red Sea, while average spot rates to US East Coast\u2014another trade that would ordinarily transit the Suez Canal\u2014are up 165%.\u201d<\/p>\n<\/p><\/div>\n<\/div>\n
maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"
June 13, 2025
\u00a9 Peter Sand
Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict. \u201cGeo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran, with concerns it could see …<\/p>\n","protected":false},"author":1,"featured_media":62171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-62170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/62170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=62170"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/62170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/62171"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=62170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=62170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=62170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}