Freightos Weekly Update: Ocean rates ease on early peak season cooling and capacity additions
Source: Container NewsPublished: July 22, 20260 views
The conflict between the US and Iran has intensified, leading to a decrease in maritime traffic. Traffic through the Strait of Hormuz has slowed, impacting ocean transportation. Despite the early peak season, ocean freight rates are showing signs of stabilization.
US-Iran conflictmaritime trafficocean freight rates