Conflict in the Middle East is driving Maersk to increase surcharges.

The entities involved

• Maersk →

  Global logistics company

  • Maersk and Kirby Corporation conducted bioethanol trials during a U.S. bunkering operation in Houston port.Wed 18:40
  • GPA plans to add a RoRo berth in Brunswick, while Maersk tests Suez Canal routes and canal conditions improve.Tue 23:03
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • FED's higher-for-longer policy supports dollar strength amid European fiscal concerns and Middle East tensions.13:59
  • Pipeline shutdowns, Houthi advances, and strikes near Khasab are causing disruptions in the Hormuz Strait, impacting global oil markets and forcing lower consumption.13:30

Related events

• Conflict in the Middle East is driving cost increases for Scotts Miracle-Gro Company.Sep 23
• Conflicts in the Middle East raised input costs in Sarajevo.Sep 20
• Fugro reports that ongoing conflict in the Middle East is impacting its operations.Jul 31
• Operational costs driven by the conflict in the Middle East are causing increases in diesel prices.Jul 29
• The Middle East conflict is driving higher fuel costs.Jun 17