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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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Aug 6, 2026 / Dave DeCamp
Ansar Allah Launches Attacks Targeting Saudi-Backed Forces in Central Yemen
Yemen’s Ansar Allah, also known as the Houthis, launched significant strikes on Thursday targeting military camps in central Yemen belonging to the Emergency Forces, an anti-Houthi force recently created by Saudi Arabia that operates under the command of the Saudi military. A military source within the Saudi-backed Yemeni government, whose leadership is based in Riyadh, […]
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Jul 5, 2026 / Tyler Durden
The UK's Latest "Debanking" Scandal Should Give Everyone Pause
The UK's Latest "Debanking" Scandal Should Give Everyone Pause
Authored by Nick Corbishley via NakedCapitalism.com,
UK-based readers may recall the moment almost exactly three years ago when the word “debanking” entered the mainstream British English lexicon. The prestigious London-based private bank Coutts had just decided to close Nigel Farage’s bank account due to his unsavoury political views and alleged Russian connections. That decision turned out to be very costly.
Almost immediately, Farage did what Farage does best: he whipped up a massive media frenzy. In next to no time two senior banking...
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May 22, 2026 / Tyler Durden
These Are The Best (And Worst) Countries For LGBTQ+ Travelers
These Are The Best (And Worst) Countries For LGBTQ+ Travelers
In order to help LGBTQ+ tourists travel safely, the German portal Spartacus started publishing the Gay Travel Index in 2012. In the 2026 edition, the ranking compared 217 countries and territories based on the situation of lesbian, gay, bisexual, transgender, intersex and queer people in each location.
As Statista's Anna Fleck details below, according to the index, Iceland is considered the safest and most open place for LGBT+ travelers in 2026, having scored 14 points, followed by Malta and Spain in joint second...
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