Iran has continued to allow some vessels to transit the otherwise closed Strait of Hormuz for countries coordinating with and possibly paying a toll to Iran. This development includes two 19,000 TEU COSCO container vessels which had been stuck in the Persian Gulf since the end of February. COSCO – possibly not coincidentally – also […] The post Freightos Weekly Update: Still no ocean rate spike though more increases set for April appeared first on Container News .