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Core Insights - The article highlights the rising geopolitical tensions and the decreasing number of vessels passing through the Strait of Hormuz, which is impacting shipping operations [1] - Several shipping companies have announced a 7% increase in freight rates for July, indicating a potential shift in market dynamics [1] - The article raises questions about the future performance of the container shipping industry, particularly in the European routes, which have seen fluctuations [1] Group 1 - Geopolitical tensions are escalating, leading to a decline in the number of ships transiting the Strait of Hormuz [1] - Multiple shipping companies have raised July freight rates by 7%, suggesting increased operational costs [1] - The container shipping market, especially in European routes, has experienced a rise and subsequent fall in rates, indicating volatility [1]