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Strait of Hormuz shipping controls tightened by new Iranian maritime authority

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May 21, 2026

European carriers dominate South America trades

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May 21, 2026

Global bunker prices edge higher as market remains broadly stable

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May 21, 2026

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Seaborne trade growth chart showing tons and ton-miles rising in 2024

Maritime transport enters era of permanent disruption

Maritime transport is entering an era of permanent disruption as geopolitical tensions, supply chain fragmentation, rerouted trade flows, port congestion and decarbonisation pressures reshape global shipping networks and freight markets. Maritime transport is facing a more volatile and structurally uncertain operating environment as geopolitical tensions, trade policy shifts, climate-related constraints and decarbonisation pressures reshape global shipping networks. The report shows […]

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Cost of shipping rises as the Hormuz crisis adds extra daily fuel costs for global shipping

Cost of shipping surges due to Hormuz crisis

The cost of shipping is surging following the closure of the Strait of Hormuz, with the industry facing an estimated €340 million per day in additional fuel expenses as higher bunker prices and supply disruptions ripple across global shipping markets. The cost of shipping is surging as the Hormuz crisis drives up marine fuel prices and disrupts supply across global […]

Alternative shipping fuels cost comparison showing methanol and ammonia price gaps versus marine gasoil

Alternative shipping fuels gain momentum amid Hormuz crisis

Alternative shipping fuels are gaining momentum amid the Hormuz crisis as soaring bunker prices strengthen the commercial case for LNG-powered and methanol-ready vessels focused on fuel flexibility, resilience and long-term energy security. Alternative shipping fuels are becoming more commercially attractive as the Hormuz crisis disrupts oil supply and drives bunker fuel prices higher. The report finds that LNG currently holds […]

Strait of Hormuz map showing global energy trade vulnerability and shipping disruption risks

Global maritime industry faces escalating freight, fuel and security pressures

The global maritime industry is facing intensifying pressure from geopolitical tensions, shipping route disruption, war-risk escalation and surging bunker costs, as instability around key maritime chokepoints such as the Strait of Hormuz and the Red Sea continues to reshape freight markets, trade flows and maritime strategy worldwide. The global maritime industry is under growing strain as geopolitical instability disrupts key […]