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‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

  • Posted on June 1, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis
‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.
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Author
South China Morning Post

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