Major container lines suspend Persian Gulf bookings as conflict disrupts trade

Major container carriers have begun suspending bookings to and from the upper Persian Gulf as escalating conflict in the Middle East continues to disrupt shipping operations across the region. Germany-based Hapag-Lloyd said, as of March 4, it has implemented a booking stop with immediate effect for all cargo types to and from several Persian Gulf countries due to operational and securityMajor container carriers have begun suspending bookings to and from the upper Persian Gulf as escalating conflict in the Middle East continues to disrupt shipping operations across the region. Germany-based Hapag-Lloyd said, as of March 4, it has implemented a booking stop with immediate effect for all cargo types to and from several Persian Gulf countries due to operational and securityRead More