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Iran-US war update: Strait of Hormuz blockade sends freight rates soaring
Jet fuel costs could double in the coming days as dozens of tankers remain stranded in the Strait of Hormuz, as Tehran vows to keep blocking the waterway in retaliation for US-Israeli military strikes. Oil prices rose above $100 per barrel on Friday (March 13) after...
Keith Homan celebrates 30 years at Uniserve Ireland
Sitting on a Teams call in his Kildare office in late February, Keith Homan let slip that a major Uniserve milestone was on the horizon. “How long have you been here?,” Keith was asked. “Count the wrinkles,” he quipped. On Wednesday (March 11), Keith will...
Trump sends mixed signals on Iran war’s end leaving shipping industry in limbo
Airlines and shipping carriers are facing mounting disruption from the widening conflict involving the US, Israel and Iran, as uncertainty over the war's duration rocks global supply chains. On Monday (March 9), Trump claimed the war would be over “very soon” before...