New truck routes in the
Photo: Ebrahim Noroozi /AP/TT

New truck routes in the war-torn Middle East as global shipping companies reroute containers

Global shipping companies are investing heavily in new truck corridors in the Middle East to deal with container disruptions caused by the war involving Iran and the closure of the Strait of Hormuz.

This includes new routes from ports in Jordan and Turkey to Iraq and Saudi Arabia, Maersk CEO Vincent Clerc told the Financial Times.

Shipping giants such as MSC, Maersk, CMA-CGM, and Hapag-Lloyd have also started moving truckloads from ports in the Red Sea and the Gulf of Oman to terminals in Saudi Arabia, Iraq and the United Arab Emirates.

The price of a container on the Shanghai–Persian Gulf route rose to $4,131 on Friday, up from $980 before the US and Israel began bombing Iran on February 28, according to analyst firm Clarksons Research. During the container chaos of the 2021 pandemic, the price peaked at $3,960.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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