Detours in global trade: Impact of the Middle East crisis on freight costs
The ongoing military conflict in the Middle East – particularly concerning the tense situation around the Strait of Hormuz – continues to significantly disrupt international maritime shipping.
Many shipping lines have adjusted their routes or temporarily suspended certain passages. The costs associated with necessary alternative routes, such as longer sea passages, often exceed the originally planned freight rates for direct connections.
Additionally, numerous carriers are applying extra security surcharges (e.g., Emergency Conflict Surcharge) for shipments already dispatched or booked on short notice to cover the increased risks and insurance premiums.
Transits through the Strait of Hormuz are currently only possible under limited conditions or with elevated risk. Occasional delays may also occur due to last-minute rerouting, altered port calls, or waiting times.
At the same time, the continued rise in diesel prices poses further challenges for transport companies. Significantly higher fuel costs directly impact calculations for pre- and on-carriage as well as the entire road transport segment, placing additional strain on the supply chain. Fuel surcharges are being adjusted accordingly, which further increases overall transport costs.
We therefore wish to inform you that all applicable surcharges and additional costs will be forwarded to the shipper’s account.
Once we have detailed information regarding your specific shipments, transit times, and any additional costs, we will notify you promptly.
