With Hormuz restricted and the Red Sea still avoided, carriers reroute via the Cape, lifting spot rates 29-129% on key lanes
Shipping & Chokepoints
Freight, ports, sea lanes and the straits everything passes through.
state of play
Two chokepoints are constrained at once: Hormuz restricted by the Iran war and the Red Sea still avoided. Carriers are rerouting via the Cape of Good Hope, adding 10-14 days a voyage and pushing container spot rates up 29-129% on key lanes. The Hormuz reopening under the ceasefire should ease pressure, but war-risk premiums and surcharges lag. Watch Shanghai-LA rates and whether Suez routing resumes.
tracking
Chokepoints
Hormuz6 disruptedThe largest oil supply disruption on record Malacca — quiet Suez — quiet Bab-el-Mandeb — quiet Panama — quiet Gibraltar — quiet Turkish Straits — quiet Danish Straits — quiet Dover — quiet Taiwan Strait — quiet Sunda — quiet Lombok — quiet Kerch — quiet Korea Strait — quiet Tiran — quiet Cape of Good Hope1 disruptedDual chokepoint closure drives container freight sharply higher Magellan — quiet
Container freight
Tankers & dry bulk
Ports
Shipbuilding
latest
pending-decision Merz signals German minesweepers could secure the Strait of Hormuz
With a US–Iran framework deal, Berlin readies the Bundeswehr — under three conditions