As of early March 2026, the Strait of Hormuz remains effectively closed, prompting shipping lines to divert cargo to safer ports. Over 270,000 TEUs are stranded, representing approximately $10 billion worth of cargo, as major carriers like Maersk and CMA CGM suspend bookings to and from several Middle Eastern countries. Maersk alone has about 14 vessels with a total capacity of 70,000 TEU affected by the disruptions.
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Karachi Port Starts UAE Cargo Handling Amid Gulf Disruptions
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The ongoing conflict in the Middle East has led to significant disruptions in global shipping, with over 270,000 TEUs stranded and major shipping lines halting cargo bookings to the region. Karachi Port has begun handling transhipment cargo for the UAE as an alternative route amid the closure of the Strait of Hormuz.
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