30
Mar
In this week’s Roar: The latest from the Strait of Hormuz, extended delays across Asian ports, the FMC denies a request, China-Europe Railway Express volumes jump, and the impacts of losing the de minimis rule.
After weeks of disruption, the Strait of Hormuz has apparently reopened to “non-hostile” ships, which has eased some of the pressure on oil prices and global supply chains. Extreme political rhetoric aside, with vessel tracking via GPS unreliable and the “shadow fleet” operating in the region, it’s...