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Industry News Digest
Time:2026-03-09   View:262

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1. WP Reported an Increase in the Cost of Air Transportation from Asia to Europe Amid the Conflict

Source: Iz.ru (citing The Washington Post)
Date:March 9, 2026
Summary:The cost of air cargo transportation from Asia to Europe has increased by 45% amid the escalation of the Middle East conflict, according to The Washington Post. Ryan Petersen, CEO of Flexport, noted this is more than double the increase on Asia-U.S. routes. The report highlights that Europe and Asia are most vulnerable to the economic consequences due to their heavy dependence on energy imports .

2. Hong Kong Completes First Green Methanol Bunkering

Source: Hellenic Shipping News Worldwide
Date:March 6, 2026
Summary:On March 5, 2026, the world"s first methanol dual-fuel ro-ro vessel, CM HONG KONG, completed its inaugural green methanol bunkering operation in Hong Kong. This marks China"s first such operation at anchor and signifies a major step in developing Hong Kong as an international green marine fuel bunkering centre. The operation involved approximately 500 tonnes of green methanol, expected to reduce greenhouse gas emissions by about 85% compared to conventional fuels .

3. Emergency Contingency Surcharge: East Africa to Oman & Red Sea

Source: Maersk Official Website
Date:March 5, 2026
Summary:Maersk announced changes to its Emergency Contingency Surcharges (ECS) effective March 6, 2026. For shipments from East Africa into Oman (excluding Sohar), the surcharge is set at $1800 for 20" dry containers and $3000 for 40" dry containers. For shipments into the Middle East Red Sea region (Jordan, Jeddah & King Abdullah), the surcharge is $2100 for 20" dry and $3600 for 40" dry containers .

4. Iran War Disrupts Global Ocean Freight, Air Cargo Supply Chains Beyond Oil

Source: Ahram Online (AP)
Date:March 4, 2026

Summary:The Iran war has halted oil tanker movement in the Strait of Hormuz and is disrupting wider global supply chains. Clarksons Research estimates about 3,200 ships are idle inside the Persian Gulf. Shipping companies like Maersk are rerouting traffic around the Cape of Good Hope, adding 10-14 days and about $1 million extra in fuel per ship. Air cargo is also under pressure with closed airspace in multiple Middle Eastern countries, leading to expected rate increases .