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Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
By Stuart Chirls of AmericanShipper
The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns.
Asia-U.S. West Coast prices increased 8% to $6,175 per forty foot equivalent unit (FEU), according to Freightos, a data contributor to SONAR ocean market data.
Prices for Asia-U.S. East Coast transportation also rose 8%, to $7,998 per FEU.
SONAR‘s Ocean Supply/Demand Index reflects the...
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Jun 8, 2026 / Tyler Durden
The Meaning Behind Putin's Response To Zelensky: "Keep On Working, Brothers"
The Meaning Behind Putin's Response To Zelensky: "Keep On Working, Brothers"
Authored by Larry Johnson via Sonar21.com
Vladimir Putin used a phrase during the closing session of the Saint Petersburg International Economic Forum (SPIEF) that I think most non-Russians missed or ignored. He said, "Work, Brothers." First, let me explain the context for Putin saying this.
Zelensky published an open letter to Putin that I, and many others, believe was timed deliberately to coincide with the SPIEF plenary session… This was a provocative move aimed at disrupting the forum's atmosphere. Putin was asked about...
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Apr 29, 2026 / Tyler Durden
United Pilot Reports 737 Struck By "Red, Shiny" Drone On San Diego Approach
United Pilot Reports 737 Struck By "Red, Shiny" Drone On San Diego Approach
OSINT accounts on X are circulating ATC audio from theATCapp that allegedly captures a United Airlines pilot reporting a drone strike while the Boeing 737 was on base leg for landing at San Diego International Airport.
The pilot of United 1980 told SAN Ground that, at around 3,000 feet, the 737 struck a drone during the base leg, which is right before final approach.
Ground asked the United 1980 pilot, "Do you have an approximate size, or how many...
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May 28, 2026 / Kyle Anzalone
Netanyahu Directs IDF to Seize More of Gaza
Israeli Prime Minister Benjamin Netanyahu said he gave orders to the IDF to increase control of Gaza from 60% to 70% of the Palestinian enclave. He went on to suggest that Israel could seize the entire Palestinian territory. “We are currently squeezing Hamas,” the Israeli leader explained at a conference hosted in a West Bank […]
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