Market Pulse 2026 Week 29
Register Free Trial The renewed military conflict in the Persian Gulf kept the Strait of Hormuz shut last week, but Maersk and CMA CGM have continued to send their ships through the Red Sea despite the increased risk of Houthi attacks. Although only 24 containerships remain idle in the Persian Gulf with a total capacity of 69,000 teu, there is a growing number of Iranian ships that are stranded in various Asian anchorages that have been added to the idle fleet. The rising tensions is giving con