Hormuz Blockade Traps 1,500 Ships as Carriers Institutionalize Landbridge Routes

The Strait of Hormuz is virtually closed, trapping approximately 1,500 ships and 20,000 sailors. Escalating security threats, including an attack on the CMA CGM San Antonio, are driving a shift towards overland routes as MSC launches a new European-Middle East service. Rising operational costs and insurance premiums are impacting supply chain managers, necessitating flexibility and increased budgets.