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shipping
CMA CGM may scrap ship hit by missile in Hormuz
The CMA CGM San Antonio, a container ship struck by a missile while transiting the Strait of Hormuz in early May, has sustained damage so severe that the French shipping giant is considering sending it for dismantling, the company's chief…
New factory data shows Hormuz disruption fueling global supply crunch
The Strait of Hormuz has formally reopened to commercial shipping following the U.S.-Iran memorandum of understanding signed in mid-June, but supply chain experts and new manufacturing data released this week reveal that the economic damage from four months of disruption…