TPM26: War a problem for container shipping, but not ‘pandemic-scale’: analyst

AI Summary

Industry analyst at the TPM26 conference assessed that Middle East war disruptions to the Persian Gulf and Strait of Hormuz pose a challenge for container shipping, but fall short of pandemic-scale disruption. The conference highlighted that while the conflict is impactful, the sector has weathered worse crises in recent years.

The war in the Middle East that has effectively shut the Persian Gulf and Strait of Hormuz is a problem for container shipping, but not on the scale of other recent disruptions the sector has faced. That was the closing message of the Journal of Commerce’s TPM 26 conference, delivered by industry analyst and CEO ...