Danish shipping and logistics group, founded 1904 by A.P. Møller and Peter Mærsk Møller
The Strait of Hormuz remains largely closed due to Iran-backed attacks, causing a sharp rise in energy prices and prompting countries like Egypt to implement energy-saving measures. Shipping reroutes around South Africa are increasing, risking further economic impacts.
Several logistics and shipping companies, including Amazon, USPS, UPS, and FedEx, have announced new fuel-related surcharges due to rising fuel prices caused by ongoing geopolitical conflicts. These surcharges aim to offset increased operating costs and are expected to impact consumer prices and seller margins starting from April 17, 2026.
Panama has invalidated a long-running port concession, prompting China to detain Panama-flagged ships in retaliation. The move follows a January court ruling and broad geopolitical pressure as the United States and allies defend Panama’s sovereignty amid a broader contest for shipping lanes. Leaders are signalling restraint, but the standoff risks widening trade frictions.
Mette Frederiksen has formed a four‑party left‑leaning coalition after more than two months of talks. Her Social Democrats, the Moderates, the Green Left and the Social Liberals have agreed a programme that cuts VAT on food, offers free public transport for under‑22s, promises free dental care within ten years and commits to a firm stance on Greenland and stepped‑up defence spending.
The Red Sea shipping route faces disruption as Houthi threats widen the risk to Israeli-linked vessels amid Iran’s ongoing closure of the Strait of Hormuz. Saudi Arabia diverts crude to Yanbu, while energy markets react to escalation in the region.