Freight container imports could be at risk, Xeneta’s Sand says

Emily Stausbøll explains how disruptions in US tariffs, tensions in China and Taiwan, and nearshoring could impact shipping rates and capacity.

Iran released the crew of a seized ship linked to Israel, MSC Aries, however, the vessel remains under judicial detention, amid tensions in the region.

Iran’s Foreign Minister announced plans to release the crew of the MSC Aries, following its seizure in the Strait of Hormuz on April 13.

MSC has confirmed the safety of the twenty-five crew members aboard the MSC Aries, seized on April 13 in the Strait of Hormuz by Iranian authorities.

MSC Aries, owned by a company run by Israeli billionaire Eyal Ofer, has been seized by the Islamic Revolutionary Guard Corps.

Service reliability across carriers has also exhibited inconsistency, with wide disparities in performance further contributing to market uncertainty.