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    Operational update: global shipping severely disrupted as tensions escalate in the Strait of Hormuz

    Global container shipping is experiencing major disruption as geopolitical tensions intensify in the Strait of Hormuz. With the security situation rapidly deteriorating, leading carriers have implemented far‑reaching emergency measures to protect vessels, crews, and cargo. The impact now extends well beyond the Gulf region, triggering network‑wide delays, rerouting, and operational congestion across East‑West trade lanes.

    Carriers announce immediate suspensions and routing changes

    Several major shipping lines have halted transits through the Strait of Hormuz and introduced strict booking constraints:

    • Hapag-Lloyd has suspended all vessel transits through the Strait of Hormuz until further notice.
    • MSC has stopped accepting all bookings destined for the Middle East and has diverted vessels to designated safe‑shelter locations.
    • CMA CGM has ordered Gulf‑bound vessels to shelter, suspended Suez Canal transits, and immediately halted all reefer bookings.

    These measures highlight the exceptional risk level now affecting the region and the broader global supply chain.

    Network Congestion and Significant Delays Expected
    As vessels await further instructions or are forced to reroute, pressure is quickly mounting across transshipment hubs worldwide. Feeder networks in key Arabian Gulf ports—including Jebel Ali, Dammam, and Doha—are expected to face severe delays and operational backlogs.

    Carriers may omit planned port calls in the Middle East or discharge containers at alternative ports, such as those in East Africa or the Indian Subcontinent. When feasible, cargo may then continue its journey via inland transport or secondary feeder services.

    New Surcharges Introduced Due to Heightened Risk

    To offset escalating operational and security costs, carriers have announced new emergency surcharges:

    • CMA CGM – Emergency Conflict Surcharge (effective 2 March 2026): USD 2,000 per 20’ USD – 3,000 per 40’ – USD 4,000 for reefer or special equipment
    • Hapag-Lloyd – War Risk Surcharge (effective 2 March 2026): USD 1,500 per 20’ – USD 3,000 per 40’ – USD 3,500 for reefer or special equipment
    • Other carriers have not yet announced additional surcharges, though further adjustments are likely as the situation evolves.

    Insurance Implications: Potential Premium Increases
    The elevated risk environment may also affect cargo insurance. Insurers could adjust war‑risk premiums, introduce temporary exclusions, or limit coverage for shipments transiting high‑risk areas. Shippers are advised to review their current insurance terms to ensure alignment with the latest conditions.

    Air Freight Impacted by Regional Airspace Restrictions
    Air cargo flows are also being disrupted, with several Middle Eastern airspaces restricted or temporarily closed. As a result, urgent shipments may shift toward ocean LCL or alternative multimodal routes, creating additional demand pressure and contributing to rising rates.

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