Over 40 container ships remain stranded in Gulf amid Iran conflict
Top global operators, including CMA CGM, COSCO, Hapag-Lloyd and MSC, have halted services in the area since the conflict began in late February.
More than 40 container ships are still stranded in the Middle East Gulf as major shipping companies continue to suspend operations due to the ongoing conflict involving Iran, according to a shipping industry report.
Shipping journal Lloyd's List said at least 43 vessels from the world's 10 largest container carriers remain stuck in the region, reported AL Jazeera
Top global operators, including CMA CGM, COSCO, Hapag-Lloyd and MSC, have halted services in the area since the conflict began in late February.
Keep updated, follow The Business Standard's Google news channel
The disruption has caused major delays and increased costs for global trade, the report said.
Some vessels from these companies managed to leave the region safely, but two ships belonging to MSC were seized by Iranian authorities, according to Lloyd's List.
