by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Importing, Supply Chain
International shipping could soon feel the effect of a container ship hit in the Strait of Hormuz. On March 4, the Safeen Prestige vessel was hit by a projectile passing through the strait near Oman. The attack occurred just above the waterline, sparking a fire in the...
by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Importing, Supply Chain
As the Iran-Israel conflict continues to escalate, global trade can soon see the Iran war disrupting shipping. Iran and Israel have been in a back-and-forth for decades, which has escalated in recent years. More recently, Israel and the US started what President Trump...
by A1 WorldWide Logistics | Jun 25, 2025 | Economic trends, Shipping Logistics, Supply Chain
As tensions continue in the Israel-Iran conflict, there have been talks that Iran may close the Strait of Hormuz. The Strait of Hormuz is a key waterway for the shipping of oil and gas. Nearly 20% of the world’s liquefied Natural gas and a quarter of the world’s oil...
by A1 WorldWide Logistics | Feb 15, 2024 | Economic trends, Shipping Logistics, Transportation
After months of turmoil, the ongoing Red Sea attacks are continuing on containerships passing through. On December 26th, 2023, Houthi militants attacked a containership of one of the biggest shipping companies in the world. Over the next month, and into...
by A1 WorldWide Logistics | Jan 11, 2024 | Shipping Logistics, Economic trends, Supply Chain
Recent disruptions are leading to ocean shipping rates spiking internationally, particularly on the U.S. West Coast. Rates for specific shipments from Asia to the U.S. West Coast have surged over 50% at the start of 2024. The China-West Coast FBX rate of $2,713...
