risky waters
Shipping giants freeze container traffic amid rising Gulf threats
More than 3,000 ships have been stuck in Gulf ports or waiting outside the Strait of Hormuz as international insurers withdraw war-risk coverage
Stringer/Anadolu via Getty Images
Commercial ships anchor off the coast of the UAE
Add The Circuit on GoogleContainer shipping giants Hapag-Lloyd and A.P. Moller-Maersk have halted bookings and begun diverting vessels away from the Middle East amid escalating security risks in the Strait of Hormuz, disrupting global trade routes.
The moves by the two European...
