voyages,

Strait of Hormuz disruption: 3x longer voyages, 4x cost, 2,000 vessels impacted, Ferrari reportedly shifting to air freight

🇮🇷 The Strait of Hormuz closure is forcing cargo ships to reroute around Africa. Journeys are now 3x longer (up to 60 days) and 4x costlier. Nearly 2,000 vessels were trapped. Only a trickle is getting through now, and Iran is charging fees and imposing security rules on… https://t.co/LpVMhHqFOP pic.twitter.com/nMcYQdXKch — Mario Nawfal (@MarioNawfal) March …

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