Container shipping costs to Middle East rise for 3rd straight month in May amid lingering tensions (opens original article in a new tab)

Container shipping costs from Korea to the Middle East increased for the third straight month in May, with a 4.9 percent rise reported, amid ongoing tensions involving Iran.

• Container shipping costs from Korea to Middle East rose 4.9 percent in May
• Third consecutive month of increased shipping costs reported
• Lingering tensions involving Iran cited as contributing factor