Red Sea / Bab el-Mandeb

Freightos's Q1 2026 earnings call revealed minimal financial impact from the Middle East crisis

G20 merchandise trade saw strong growth in Q1 2026, with exports and imports up 5.3% despite Middle East disruptions.

IFFCO Jetty No.5 at Kandla Port is closed for maintenance; Suez Canal Authority extends rebate validity.

Ocean carriers incurred an additional $5.5 billion in bunker costs due to the Middle East conflict and Red Sea diversions.

CMA CGM reported resilient Q1 2026 results despite the Middle East crisis and volatile freight markets

Geopolitical shifts are increasingly impacting global shipping, with maritime chokepoints and trade weaponization becoming central concerns

ZIM reported a Q1 loss, attributing it to lower freight rates, softer demand, and elevated costs.

CMA CGM's Q1 revenue reached $13.23 billion, reflecting a resilient performance amidst a complex global shipping landscape