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اقتصاد

2026-08-15T17:47:57.000Z

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Shipping industry during wartime

The ongoing crises in the Strait of Hormuz and the Bab el-Mandeb have significantly impacted global maritime transportation. They have led to a substantial decline in shipping activity, especially in the Strait of Hormuz, where vessel movements dropped to just six ships in August 2026 compared to 130-140 ships daily before the conflict. The heightened geopolitical risks have greatly increased insurance costs, raising the operational expenses for ships—particularly when traversing high-risk areas like the Red Sea. Additionally, the cost of building ships ranges from $75 million for cargo vessels to $150 million for large ships such as supertankers, with construction durations spanning from one to two and a half years. Delays caused by congestion at shipyards can extend these timelines up to five years. As a result of these circumstances, freight rates have risen and asset values have increased. However, profitability remains dependent on balancing costs and revenues, as longer journeys and higher expenses amplify the risks of profit or loss.

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