Maersk said that 10 ships are trapped in the Persian Gulf, and it will take at least a week to restore capacity.
Vincent Clerc, CEO of Danish container shipping giant Maersk, said that the company currently has 10 ships stuck in the Persian Gulf, and it would take at least a week to 10 days to resume normal operations if a ceasefire is achieved. Brokers say that there are currently over 100 container ships trapped in the Gulf region. Fuel stocks for ships in some ports in Asia are declining, and issues with oil supply could restrict the docking of container ships. "The longer the strait remains closed, the more difficult it will be for Asia to replenish its oil stocks," Clerc said. If Maersk cannot obtain fuel in Asia, it will have to rent oil tankers to transport fuel, resulting in additional costs reflected in higher freight rates. The daily rental rate for very large oil tankers is currently close to historic highs, exceeding $400,000.
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