While the Middle East Remains a Risk Zone: How Shifting Shipping Routes Are Reshaping the Bunkering Market

The escalation of the conflict in the Middle East is already having a direct impact on global bunkering flows. Rising risks around the Strait of Hormuz, along with tighter war-risk insurance conditions, are increasing uncertainty for key Persian Gulf hubs, most notably Fujairah. At the same time, the ongoing threat of attacks in the Red Sea is preventing the market from returning to its usual logistics pattern via the Suez Canal. Against this backdrop, major carriers, including Maersk, continue to use the route around the Cape of Good Hope, reinforcing the shift to longer voyages and changing the global map … Continue reading While the Middle East Remains a Risk Zone: How Shifting Shipping Routes Are Reshaping the Bunkering Market