Logo 26 Mar 2026

COSCO reopens bookings for Middle East shipping, bypasses Strait of Hormuz

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State-owned COSCO Shipping has developed a costly workaround to bypass the Strait of Hormuz. On March 25, the world's fourth-largest container carrier announced it is resuming new bookings to the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, and Iraq (COSCO 1) – sparking speculation it would become the...