The International Chamber of Shipping (ICS) has released its Maritime Barometer Report for 2025-2026, identifying geopolitical and economic volatility as the most significant risk factor for the global maritime industry. Regulatory uncertainty is also highlighted as a major concern for shipping leaders. The report, based on insights from 185 C-suite executives, shipowners, and operators, was published during the Shaping the Future of Shipping Summit in Rome.
Beyond risk assessment, the report also addresses the future of maritime fuels. It suggests that Liquefied Natural Gas (LNG), biofuels, and the continued use of high-sulphur fuel oil (HSFO) in conjunction with emissions abatement technologies (like scrubbers) are considered the most practical and viable fuel solutions for the shipping sector over the coming decade.
For freight forwarders and supply chain professionals, this report underscores the importance of risk mitigation strategies, particularly in volatile regions. Geopolitical instability can lead to sudden route changes, increased war risk premiums, and potential delays, impacting transit times and costs. Regulatory uncertainty, especially concerning environmental mandates, could also result in fluctuating compliance costs and operational adjustments for carriers, which may be passed on to shippers. Understanding the industry's preferred fuel pathways helps forwarders anticipate potential bunker surcharges and carrier investment strategies, influencing long-term rate stability and service reliability.
