{"id":93459,"date":"2026-03-12T00:00:00","date_gmt":"2026-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=93459"},"modified":"2026-03-12T06:51:15","modified_gmt":"2026-03-12T06:51:15","slug":"the-disruption-in-hormuz-is-giving-the-red-sea-route-a-second-chance","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/the-disruption-in-hormuz-is-giving-the-red-sea-route-a-second-chance\/","title":{"rendered":"The disruption in Hormuz is giving the Red Sea route a second chance"},"content":{"rendered":"<section id=\"93461\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"93461\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/today-red-sea-you-up\/\">\r\n                            TODAY: Red Sea, you up?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/today-red-sea-you-up\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The barrels will be released over a set time period and be allocated according to each country\u2019s needs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US is planning<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/us-to-release-172-million-barrels-for-iea-plan-to-tap-reserves?srnd=homepage-middle-east\" style=\"\">to release<\/a><\/strong><strong> 172 mn barrels of oil from its emergency reserve<\/strong>. The Trump administration will start releasing barrels over the coming weeks and over a 120-day period. Germany also announced it will <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/germany-release-oil-reserves-after-iea-request-minister-says-2026-03-11\/\" style=\"\">release<\/a> 19.51 mn barrels from its strategic reserve, while Japan has already moved ahead with plans to release <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japan-release-part-oil-reserves-private-sector-state-stockpile-pm-says-2026-03-11\/\" style=\"\">both private<\/a><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japan-release-part-oil-reserves-private-sector-state-stockpile-pm-says-2026-03-11\/\" style=\"\">and state reserves<\/a> before the wider mechanism is fully locked in.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We were expecting things to go differently<\/strong> after the G7 and IEA <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/10\/this-morning-more-force-majeure-declared-g7-iea-eye-emergency-oil-taps\/\" style=\"\">said<\/a> they are holding off on releasing oil reserves earlier this week. We suspect that Iran\u2019s Revolutionary Guards <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/10\/this-morning-more-force-majeure-declared-g7-iea-eye-emergency-oil-taps\/\" style=\"\">recently saying<\/a> it wouldn\u2019t allow \u201cone liter of oil\u201d to leave the region should US-Israeli strikes continue and Brent briefly hitting USD 120 bbl had something to do with the change of heart. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How much difference will 400 mn make? <\/strong>To put it into perspective, pre-war, around 20 mn barrels passed through the Strait of Hormuz everyday, representing around 25% of maritime oil trade. This means that the barrels should cover around 20 days\u2019 worth of supply.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>The 400 mn figure <a target=\"_blank\" href=\"https:\/\/www.aljazeera.com\/news\/2026\/3\/11\/iea-proposes-release-of-400m-barrels-of-oil-from-strategic-reserves\" style=\"\">is significantly larger<\/a> than the 182 mn released by the agency when Russia invaded Ukraine, making it the <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iea-proposes-largest-ever-oil-release-strategic-reserves-wsj-reports-2026-03-11\/\" style=\"\">largest move of its kind<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran\u2019s message: \u201cGet ready for oil to be USD 200 per barrel<\/strong>,\u201d a military spokesperson said in comments picked up by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/combatants-mideast-war-trade-more-air-strikes-iran-clamps-down-dissent-2026-03-11\/\" style=\"\">Reuters<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>  CUSTOMS \u2014 The Egyptian Customs Authority has suspended <\/strong><strong>Advanced<\/strong><strong> Cargo Information (ACI) requirements for transit shipments in and out of Gulf states<\/strong>, according to a circular from the Authority seen by EnterpriseAM. The three-month suspension comes as Egypt works to both funnel Gulf energy out of the country and goods in as the closure of the Hormuz Strait closes the GCC\u2019s main trade connection with the rest of the world.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Indirect transit shipments heading that will then head to ports in Nuweiba, Ain Sokhna, or Safaga to cross the Red Sea into the Gulf, along with Gulf exports that will arrive in Egypt before moving to a third country are now exempt from preregistration to get an Advance Cargo Information Declaration number before arriving on Egyptian shores. Both the importer and exporter however are not allowed to be Egyptian.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters: <\/strong>While the need to support our Gulf neighbours in this time of need is worthy in and of itself, the move to facilitate the movement of goods and energy in and out of the country is laying the groundwork for Egypt to become the GCC\u2019s Hormuz Strait-proof gateway to the Mediterranean and the rest of the world if we ever see a conflict like this arise again in the future.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- This isn\u2019t the only state-led effort to position Egypt as a logistics bridge for <\/strong><strong>the GCC amid the Hormuz Strait closure<\/strong>, with the country <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/05\/egypt-positions-itself-as-a-logistics-bridge-for-the-gcc-amid-hormuz-strait-closure\/\" style=\"\">offering up its Sumed pipeline<\/a> that runs from Ain Sokhna to Sidi Kerir and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/09\/ten-red-sea-facilities-in-egypt-open-as-gcc-producers-run-out-of-space\/\" style=\"\">10 additional Red Sea storage facilities<\/a> to help export Saudi crude from the Mediterranean.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><\/strong> <strong>AVIATION \u2014 Boeing\u2019s push to expedite 737 MAX deliveries has faced another hiccup, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-10\/boeing-scores-highest-jet-deliveries-in-february-since-2017\" style=\"\">shaking<\/a><\/strong><strong> its shares down 3% in US trading. <\/strong>Scratched wiring on a group of undelivered jets is set to delay some first-quarter handovers, but Boeing still aims to deliver around 500 737s this year. The company was just starting to show cleaner execution, delivering 51 aircraft in February \u2014 including 43 737 MAX jets \u2014 which is the strongest delivery output since 2017.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> SHIPPING \u2014 Cosco suspends Balboa activity: <\/strong>Chinese shipping giant Cosco <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/chinas-cosco-shipping-suspends-operations-panamas-balboa-port-la-prensa-media-2026-03-10\/\" style=\"\">halted<\/a> activity at the Pacific-side terminal after Panama tore up CK Hutchison\u2019s concession, handing temporary control of Balboa to APM Terminal for up to 18 months. The move comes in the wake of CK Hutchison\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/02\/05\/today-menzies-is-locking-in-bengaluru-for-the-next-15-years\/?utm_source=chatgpt.com\" style=\"\">disrupted<\/a> USD 23 bn sale of 43 port assets to a consortium led by US asset manager BlackRock and the shipping giant MSC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> CK Hutchison has launched international arbitration proceedings against Panama <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/02\/05\/today-menzies-is-locking-in-bengaluru-for-the-next-15-years\/\" style=\"\">back in February<\/a> \u2014 following Panama\u2019s Supreme Court\u2019s annulment of the firm\u2019s 30-year port concessions to operate the Balboa and Cristobal container terminals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices climbed this morning as Iran escalated attacks amid fears of disruptions in the <\/strong><strong>Strait of Hormuz,<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-climbs-tankers-are-attacked-iraqi-waters-amid-middle-east-war-2026-03-12\/\" style=\"\">Reuters<\/a> reports. Brent crude futures gained USD 8.54 to trade at USD 100.52 \/ bb by 03.54 GMT, while US West Texas Intermediate (WTI) increased USD 8.28 to USD 94.47 \/ bbl.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> Baltic Index gets a small lift: <\/strong>The Baltic Exchange\u2019s dry bulk sea which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 inched up <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\">0.4%<\/a> to 1,926 points on Wednesday, following a 7.1% fall in the previous session. The capesize climbed 2.9% to 2,574 points, while the panamax index fell another 1.6% to 1,831. The smaller supramax index declined 2.2% to 1,312 points.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\">Saudi Arabia<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\"><\/a> <strong>***<\/strong><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span 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href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/the-disruption-in-hormuz-is-giving-the-red-sea-a-second-chance\/\">\r\n                            Is the Red Sea route back in play?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/the-disruption-in-hormuz-is-giving-the-red-sea-a-second-chance\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n 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wp-post-image\" alt=\"\" data-attachment-id=\"93465\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/the-disruption-in-hormuz-is-giving-the-red-sea-a-second-chance\/677-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/677.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"677.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/677.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/677.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93464\" class=\"content-area-description single-story post-93464 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-egypt tag-enterprise-logistics tag-saudi-arabia tag-shipping-maritime tag-the-big-story-today tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>When the main route ghosts you, the old ones suddenly start <\/strong><strong>calling back<\/strong><strong>:<\/strong> Energy and trade flows across our region are now being rerouted after shipping through Hormuz stalled, forcing producers and exporters to improvise new \u2014 or old \u2014 pathways.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Saudi Arabia is scrambling west as the tanker fleet piles into Yanbu. <\/strong>At least 25 supertankers are now heading toward the kingdom\u2019s Red Sea port to keep crude flowing. The flotilla could move some 50 mn barrels of oil if fully loaded, according to ship-tracking data compiled by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-10\/oil-tanker-armada-heads-to-red-sea-as-saudis-divert-from-hormuz?srnd=phx-industries-energy\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The tanker buildup tells you how fast the industry is redrawing the export map. <\/strong>Bloomberg\u2019s data captures vessels that signaled Yanbu as their destination in the past two days, though the real number may be higher. Tankers often mask their destinations during conflict, which means the armada forming off the Red Sea could be larger than the data suggests.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The<\/strong><strong> rerouting is not just physical, it\u2019s contractual and commercial, with Aramco <\/strong><strong>giving buyers flexibility to shift where they load crude.<\/strong> The Saudi giant has <a href=\"https:\/\/www.reuters.com\/business\/energy\/aramco-asks-buyers-dual-loading-nominations-amid-hormuz-crisis-sources-say-2026-03-11\/\" target=\"_blank\" rel=\"noopener\">asked<\/a> Asian customers to submit April nomination plans for both Ras Tanura and Yanbu, with the latter option limited only to Arab Light, allowing buyers to shift some liftings away from the east coast while Hormuz remains stalled.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The play hinges on the east-west pipeline \u2014 the kingdom\u2019s emergency bypass around <\/strong><strong>Hormuz.<\/strong> Crude flows through the pipeline \u2014 mainly Arab Light and Arab Extra Light \u2014 are being ramped up toward its full 7 mn bbl \/ d capacity within days, Aramco\u2019s CEO Amin Nasser recently said. The tankers heading for Yanbu are the other half of that strategy \u2014 repositioning ships from the Gulf to the Red Sea so the oil has somewhere to go once it reaches the coast.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>How much can the pipeline really handle?<\/strong> While the <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/saudi-arabia-pivots-its-crude-supplies-to-the-red-sea-to-bypass-hormuz\/\" target=\"_blank\" rel=\"noopener\">East-West Pipeline<\/a> has a standard nameplate capacity of 5 mn bbl \/ d, Aramco proved it could stretch this to 7 mn bbl \/ d when it temporarily expanded its capacity in 2019 amid tensions in the Gulf. The real question is whether pumping stations \u2014 many of which have been upgraded over the last decade \u2014 can maintain the 7 mn bbl \/ d throughput sustainability if the blockade of Hormuz lasts for months rather than weeks.<\/p>\n<p class=\"tag-border-left\">Another face of the strategy is Egypt<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Egypt has offered its Sumed pipeline <\/strong>\u2013\u2013 Ain Sokhna to Sidi Kerir \u2014 to facilitate the transfer of Saudi crude oil from Yanbu to the Mediterranean, effectively creating a land-to-pipe bridge, a government source previously told us. This would avoid potential ins. premiums associated with Red Sea sailings.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Don\u2019t expect a like-for-like replacement for Hormuz:<\/strong> Its capacity is much lower, former Egyptian Oil Minister Osama Kamal previously told EnterpriseAM. The pipeline has a capacity of <a href=\"https:\/\/www.eia.gov\/international\/analysis\/special-topics\/World_Oil_Transit_Chokepoints\" target=\"_blank\" rel=\"noopener\">2.5 mn<\/a><a href=\"https:\/\/www.eia.gov\/international\/analysis\/special-topics\/World_Oil_Transit_Chokepoints\" target=\"_blank\" rel=\"noopener\">bbl \/ d<\/a>. \u201cSumed could provide a temporary solution\u201d to help Aramco fulfill its contracts with European offtakers, former Egyptian Natural Gas Holding Company head Medhat Youssef told us.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>ICYMI-<\/strong> Egypt also <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/09\/today-fertilizer-supply-under-pressure-from-hormuz-disruption\/\" target=\"_blank\" rel=\"noopener\">offered 10 crude and petroleum<\/a> storage facilities for lease in the Red Sea to attract oil deliveries from Saudi Arabia, Kuwait, Iraq, and Qatar, while doubling storage capacity at its Sumed- and Ras Badran-associated facilities, a senior government official previously told EnterpriseAM. This matters because if maritime disruptions persist, producers may be forced to cut output as storage fills.<\/p>\n<p class=\"tag-border-left\">Could Egypt serve as a lifeline?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>While oil reroutes west, trade is shifting through Egypt's Red Sea corridor. <\/strong>Freight demand on the Safaga-Duba route between Egypt and Saudi Arabia has surged as exporters look for ways around maritime risk. Volumes are now running at some 25-30% above normal levels as shippers pivot to hybrid land-sea routes that bypass both Hormuz and Bab el-Mandeb, <a href=\"https:\/\/manassa.news\/en\/news\/30738\" target=\"_blank\" rel=\"noopener\">Al Manassa<\/a> reports, citing people in Egypt\u2019s overland transport sector.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The workaround is simple but effective: <\/strong>Trucks drive to Safaga, board ferries to Duba, and continue into Gulf markets. The route is now moving some 500 refrigerated containers a day across four ferries \u2014 about 12.5k tons of cargo daily. Eight ferries from public and private operators are now regularly servicing the corridor, making it one of the few trade lanes benefiting from the disruption.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The surge isn\u2019t just Egyptian exports \u2014 the corridor is becoming a transit bridge. <\/strong>Cargo arriving through Mediterranean ports is also feeding into the route as part of broader transit trade flows toward the Gulf.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Easing red tape to keep the detours moving: <\/strong>The Egyptian government has temporarily <a href=\"https:\/\/www.facebook.com\/AsharqbEGY\/posts\/pfbid02jgee7PB7qTQd2QfhbevtEa14vWScbyRT7C6bcsJP9NLs9Q7qZ5cYMFMUWssX9Wbsl\" target=\"_blank\" rel=\"noopener\">exempted<\/a> transit cargo heading to Gulf markets through the Red Sea ports of Nuweiba, Ain Sokhna, and Safaga from the advance cargo information system for three months. The exemption applies only to shipments in transit.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Jordan is also seeing a smaller version of the same shift: <\/strong>Truck traffic moving from Egypt through Nuweiba to Aqaba has climbed from the usual 60-70 trucks to roughly 100 refrigerated containers on some days. However, only a 10% increase is directly tied to the war, with the rest linked to seasonal demand.<\/p>\n<p class=\"tag-border-left\">What this means<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It is really about proximity and reliability. <\/strong>While other global routes are tangled up in delays, Egypt is close enough to ensure that products \u2014 especially food \u2014 actually arrive on time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>This matters because the Red Sea route may be getting a second chance.<\/strong> Attacks in the region starting 2023 slashed traffic in recent years, forcing shipping lines to divert vessels and leaving the corridor underused. Now the disruption around Hormuz is pushing energy and cargo flows westward again \u2014 even if slightly. However, a notable concern remains over Houthi attacks on commercial vessels since the tensions began earlier this month.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93466 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"93466\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/93466\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93466\" class=\"content-area-description single-story post-93466 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93467\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"93467\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Disruption Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/two-vessels-damaged-amid-rising-gulf-tensions\/\">\r\n                            Will fresh strikes stall global oil flows?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/two-vessels-damaged-amid-rising-gulf-tensions\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The <a href=\"https:\/\/www.linkedin.com\/posts\/mkelly782_thailand-uae-iran-ugcPost-7437403208349601792-OTB-\/?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAACT9L64BQS3XU8pGoZ1U9QlaZo8LzQJ9_fc\" target=\"_blank\" rel=\"noopener\">first vessel<\/a> \u2014 Thailand flagged \u2013\u2013 was hit some 25 nautical miles (nm) northwest of Ras al Khaimah, while <a href=\"https:\/\/x.com\/uk_mto\/status\/2031632623252975907?s=46&amp;t=joiBqcgDVUSTYywZ4_DCaA\" target=\"_blank\" rel=\"noopener\">the second<\/a> was hit some 50 nm northwest of Dubai. Investigations are currently underway to assess the extent of the damage to both ships, but all crew members are safe. The third \u2014 a Japanese container ship \u2014 was hit some 11 nm north of Oman, resulting in a fire onboard and all crew members being evacuated from the vessel.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>But, trade flows haven't stopped entirely \u2014 Iran is still reportedly exporting oil to China and India<\/strong>, with \u201cat least nine sanctioned tankers operating in or around the Strait of Hormuz in the past 24hrs,\u201d maritime risk analyst Martin Kelly <a href=\"https:\/\/www.linkedin.com\/posts\/mkelly782_thailand-uae-iran-ugcPost-7437403208349601792-OTB-\/?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAACT9L64BQS3XU8pGoZ1U9QlaZo8LzQJ9_fc\" target=\"_blank\" rel=\"noopener\">said<\/a> on LinkedIn.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Let\u2019s zoom out:<\/strong> These incidents are part of a surge in regional maritime hostilities following US and Israeli strikes on Iran last week. Overall, some 17 incidents \u2014 13 of which were attacks \u2014 impacting vessels operating in and around the Arabian Gulf occurred since the escalation. Previously, the waterway <a href=\"https:\/\/www.argusmedia.com\/en\/news-and-insights\/latest-market-news\/2799373-two-vessels-attacked-in-proximity-of-strait-of-hormuz\" target=\"_blank\" rel=\"noopener\">handled a daily transit<\/a> of 14 mn barrels of crude and 6 mn barrels of refined products. With vessels now being hit and crews evacuated, the risk premium has transitioned into a no-go reality for many operators.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Why this matters:<\/strong> With hundreds of ships now anchored around Hormuz, the disruption to Middle East oil exports has moved from a temporary shock to a structural paralysis. Saudi Aramco has <a href=\"https:\/\/www.reuters.com\/business\/energy\/consequences-global-oil-markets-could-be-catastrophic-if-hormuz-closure-2026-03-10\/\" target=\"_blank\" rel=\"noopener\">already warned<\/a> of \u201ccatastrophic consequences\u201d for global markets if this remains unresolved.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Conflict surcharges <\/strong><strong>\u2014<\/strong><strong> already <\/strong><strong><a href=\"https:\/\/www.linkedin.com\/posts\/destineoz_datadispatch-redsea-persiangulf-ugcPost-7437413742558064640-Tx-F?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAACT9L64BQS3XU8pGoZ1U9QlaZo8LzQJ9_fc\" target=\"_blank\" rel=\"noopener\">ranging between<\/a><\/strong><strong> USD 2k and USD 3.3k per <\/strong><strong>TEU<\/strong> <strong>\u2014 will continue to inch up <\/strong>the longer the high-risk potential persists. However, in the case of Hormuz, the mounting addons go beyond the risk premiums and include additional fuel costs. Emergency fuel surcharges are now being quoted on top of risk premiums, including CMA CGM\u2019s USD 180 container surcharge.<\/p>\n<p class=\"tag-border-left\">Let\u2019s run through the contingency plans so far<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The US pedaled back on its proposed <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/issues\/hormuz-matters-for-more-than-oil-a-third-of-global-fertilizer-supply-at-risk\/\" target=\"_blank\" rel=\"noopener\">plan to safeguard vessel transits<\/a><\/strong> <strong> through the strait <\/strong>\u2014 fulfilling shipping analysts' expectations. The US Navy has refused near-daily requests from the shipping industry to provide military escorts through Hormuz for the time being, on the basis that the \u201crisk of attack is too high for now,\u201d three shipping industry sources told <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-navy-tells-shipping-industry-hormuz-escorts-not-possible-now-2026-03-10\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>So who could secure the strait? <\/strong>\u201cNeither France, the US, an international coalition, or anybody is in a position to secure the \u2060Strait of Hormuz,\u201d European Institute for Studies on the Middle East and North Africa director Adel Bakawan <a href=\"https:\/\/english.almayadeen.net\/news\/politics\/us-navy-unable-to-escort-ships-through-strait-of-hormuz--rep\" target=\"_blank\" rel=\"noopener\">said<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>For now, the focus is on ins. rather than escorts.<\/strong> The UK is working with its allies on a range of potential options to support commercial shipping through the strait, PM Keir Starmer\u2019s spokesperson <a href=\"https:\/\/www.reuters.com\/world\/britain-working-with-allies-support-shipping-through-strait-hormuz-2026-03-10\/\" target=\"_blank\" rel=\"noopener\">said<\/a>. For now, the government is liaising with Lloyd\u2019s of London to guarantee \u201cappropriate ins. cover [is] available to operators,\u201d including cover for war, revolution, and terrorism.<\/p>\n<p class=\"tag-border-left\">Are there any workarounds?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Adnoc <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/uae-oil-partners-told-to-pick-up-barrels-from-port-behind-hormuz?srnd=phx-industries-energy&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">has instructed<\/a><\/strong><strong> its onshore partners to collect their Murban crude from the port of <\/strong><strong>Jebel Dhanna <\/strong>in the Gulf just beyond Hormuz. At least two of the six equity holders of Adnoc\u2019s onshore output were told their March supply must be picked up from this terminal.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The move comes as some shipowners are <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/tankers-shun-fujairah-freeing-up-oil-for-sale-at-higher-prices?srnd=phx-industries-energy&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">increasingly avoiding<\/a><\/strong> <strong> Fujairah <\/strong>\u2014 the UAE's primary export hub outside the Arabian Gulf \u2014 due to reported missile threats. The shipowners <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/tankers-shun-fujairah-freeing-up-oil-for-sale-at-higher-prices?srnd=phx-industries-energy&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">avoiding<\/a> Fujairah have cancelled their shipments, a move that should allow producers to resell and upmark their cargos.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The disruption is spreading beyond oil: <\/strong>Both DP World and AD Ports <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/11\/today-is-the-tanker-market-now-pricing-risk-more-than-cargoes\/\" target=\"_blank\" rel=\"noopener\">enacted temporary contingency arrangements<\/a> to allow customers to reroute import containers from Khorfakkan and Fujairah ports to Dubai\u2019s Jebel Ali via bonded road transit earlier this week.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>A forced reversal of strategy?<\/strong> The UAE spent years building infrastructure to bypass the Strait of Hormuz, but now missile threats at Fujairah are forcing volumes back into the Gulf. While redirecting shipments to Jebel Dhanna allows Adnoc to potentially resell canceled cargoes at higher prices, it adds a layer of complexity for equity holders who now have to navigate vessels through a high-risk zone to reach Jebel Dhanna.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The move to Jebel Dhanna will be a litmus test for shipowner appetite.<\/strong> We will be looking at whether tankers are actually willing to move past the strait to reach the new pickup point or if this simply results in further stranded volumes.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>One safer outlet remains: <\/strong>Oman\u2019s Salalah port remains a <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/11\/today-is-the-tanker-market-now-pricing-risk-more-than-cargoes\/\" target=\"_blank\" rel=\"noopener\">key<\/a><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/11\/today-is-the-tanker-market-now-pricing-risk-more-than-cargoes\/\" target=\"_blank\" rel=\"noopener\">safe transshipment hub<\/a> as it sits outside the strait \u2014 Maersk and Hapag-Lloyd continue to call at Salalah despite dropping Jebel Ali.<\/p>\n<p class=\"tag-border-left\">The aviation sector is also reeling<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Operations at DXB persist despite a near-hit from drones. <\/strong>Two drones fell near Dubai International Airport (DXB), injuring four, while traffic continues \u201coperating as normal,\u201d according to a <a href=\"https:\/\/x.com\/DXBMediaOffice\/status\/2031635783304753169\" target=\"_blank\" rel=\"noopener\">post on X<\/a>. The airport had <a href=\"https:\/\/media.dubaiairports.ae\/da-operations-affected-by-regional-airspace-closure\/\" target=\"_blank\" rel=\"noopener\">temporarily suspended<\/a> operations this weekend, after falling debris from intercepted missiles disrupted operations.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Bahrain is also jumping to shelter its aviation fleet<\/strong> \u2014 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/bahrain-takes-aircraft-out-of-country-as-iran-threat-persists?srnd=all&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">relocating 17 aircraft<\/a> out of the country to shield them from potential Iranian missile and drone attacks.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93469\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"93469\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENERGY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\">\r\n                            Force majeure in the GCC \u2014 what breaks next?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The moves came as Hormuz sees a 90% collapse in shipping traffic and key energy production sites came under fire.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>SOUND SMART-<\/strong> Force majeure is when an unexpected event \u2014 war, pandemic, natural disaster \u2014 <a href=\"https:\/\/x.com\/moo_kw\/status\/2030901720163774467?s=48\" target=\"_blank\" rel=\"noopener\">prevents a party<\/a> from fulfilling the terms of their legal agreement. In the energy sector, it\u2019s often related to the operation, production, export, and transportation of goods. The declaration grants an energy producer exemption from its legal obligations to deliver the agreed upon shipments on time, without allowing buyers to claim compensation.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Pausing operations is a big move: <\/strong>\u201cOnce you cut production, it's not like a light switch; you can't really turn it back on again,\u201d CSC Commodities Energy Analyst Sasha Foss told EnterpriseAM. \u201cThese reservoirs will take a lot of work to get them pumping back again to maximum production, so you risk long-term damage in terms of the production figures, which is what the market is scared of.\u201d In the GCC, the \u201cmodus operandi is really being a stable, secure supplier, which they have been for decades.\u201d This is kind of the scenario that they feared: \u201cthey really want to fulfill their term contracts.\u201d<\/p>\n<p class=\"tag-border-left\">Qatar\u2019s LNG caught headlines<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Qatar\u2019s LNG <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/conflict-spreads-into-different-countries-and-more-sectors\/\" target=\"_blank\" rel=\"noopener\">disruption<\/a><\/strong><strong> is rippling through global energy supply chains. <\/strong>Major energy players, including Shell, TotalEnergies, and several Asian firms <a href=\"https:\/\/www.reuters.com\/business\/energy\/shell-totalenergies-others-declare-fm-their-clients-who-take-lng-qatar-sources-2026-03-11\/\" target=\"_blank\" rel=\"noopener\">declared force majeure<\/a> to their own customers following a production halt in Qatar. This is a significant blow to the global energy supply chain and transit logistics. While March deliveries are reportedly unaffected, the impact will be felt starting in April. Qatari Energy Minister Saad Al Kaabi warned it could take \u201cweeks to months\u201d for deliveries to return to normal.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Qatar was among the first to signal a <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/conflict-spreads-into-different-countries-and-more-sectors\/\" target=\"_blank\" rel=\"noopener\">full-scale halt<\/a><\/strong><strong>. <\/strong>QatarEnergy suspended production at the world\u2019s largest LNG export plant, Ras Laffan, and issued official force majeure notices to affected buyers \u2014 notably India\u2019s Petronet \u2014 citing the effective closure of Hormuz and drone attacks on Ras Laffan.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Capacity crunch: <\/strong>Shell\u2019s 6.8 mtpa and TotalEnergies\u2019 5.2 mtpa uptakes from Qatar are now stalled.<\/p>\n<p class=\"tag-border-left\">Crude oil halts could create market backlash<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Where do we stand? <\/strong>Brent crude surged beyond the USD 100 \/ bbl mark this morning after Oman evacuated all vessels from its key oil export terminal and fresh attacks on two tankers in Iraqi waters.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The oil infrastructure of Kuwait, which is entirely dependent on the strait for its exports, is arguably the <\/strong><strong>most exposed<\/strong>. The Kuwait Petroleum Corporation <a href=\"https:\/\/enterpriseam.com\/logistics\/issues\/hormuz-matters-for-more-than-oil-a-third-of-global-fertilizer-supply-at-risk\/\" target=\"_blank\" rel=\"noopener\">declared force majeure<\/a> on its crude and refined product exports after the Hormuz crisis blocked shipments for an eighth straight day. Kuwait was producing around 2.6 mn bpd in February.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Bahrain soon followed suit.<\/strong> Bapco Energies <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/today-rising-freight-costs-reshape-egypts-export-flows-plus-hormuz-standoff-drives-red-sea-gains\/\" target=\"_blank\" rel=\"noopener\">declared force majeure<\/a> after its refinery complex, the country\u2019s only refining node, was struck, noting that domestic market needs will continue to be met under contingency plans. Bapco\u2019s refinery processes about 267k bbl \/ d and is being expanded to roughly 380k bbl \/ d, with around 14 mn barrels of storage at the site.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Time is ticking as the 12-day storage wall <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/03\/with-hormuz-on-lockdown-and-gcc-supply-strained-a-25-day-countdown-starts\/\" target=\"_blank\" rel=\"noopener\">countdown<\/a><\/strong><strong> edges closer. <\/strong>\u201cAny kind of continuation of the war and the conflict means that there's no outlet and storage facilities fill up, then you'll have to have production cuts in the region,\u201d Foss said. Once tanks are full, the force majeure declarations will shift the GCC worries from shipping delays to total wellhead shutdowns, which could cause permanent reservoir damage.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Iraq is already <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/issues\/hormuz-matters-for-more-than-oil-a-third-of-global-fertilizer-supply-at-risk\/\" target=\"_blank\" rel=\"noopener\">halting production<\/a><\/strong><strong> at major sites over security concerns. <\/strong>Major oil fields in the south, including Rumaila, West Qurna 2, and Maysan, slashed their production by over half, around a 1.5 mn bpd total loss last week. The Basra oil terminal also ceased export operations.<\/p>\n<p class=\"tag-border-left\">The outliers<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Andoc is maintaining operations by using the Habshan-Fujairah pipeline<\/strong>, which bypasses the strait to reach the Gulf of Oman. So far, the firm is managing offshore production but has explicitly stated it\u2019s avoiding blanket force majeure by taking a granular, product-by-product approach.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>KSA has similarly avoided force majeure \u2014 tapping its East-West pipeline to bypass the <\/strong><strong>strait <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/saudi-arabia-pivots-its-crude-supplies-to-the-red-sea-to-bypass-hormuz\/\" target=\"_blank\" rel=\"noopener\">via the Red Sea<\/a><\/strong><strong>. <\/strong>Egypt has also offered its Sumed pipeline \u2013\u2013 Ain Sokhna to Sidi Kerir \u2014 to facilitate the transfer of Saudi crude oil from Yanbu to the Mediterranean, creating a land-to-pipe bridge.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>But the situation is constantly evolving. <\/strong>Some shipowners are now <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/tankers-shun-fujairah-freeing-up-oil-for-sale-at-higher-prices?srnd=phx-industries-energy&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">increasingly avoiding<\/a> Fujairah \u2014 the UAE\u2019s primary export hub outside the Arabian Gulf \u2014 due to reported missile threats. The Fujairah Oil Industry Zone saw several fires caused by falling debris <a href=\"https:\/\/enterpriseam.com\/logistics\/issues\/hormuz-matters-for-more-than-oil-a-third-of-global-fertilizer-supply-at-risk\/\" target=\"_blank\" rel=\"noopener\">last week<\/a>. The shipowners now <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-11\/tankers-shun-fujairah-freeing-up-oil-for-sale-at-higher-prices?srnd=phx-industries-energy&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">avoiding<\/a> Fujairah have cancelled their shipments, in a move which should allow producers to resell and upmark the cargos.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Aramco also halted operations at some units of the Ras Tanura refinery <\/strong>following a drone strike in the area <a href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/03\/tehran-closes-hormuz-strait-attacks-oil-gas-facilities-2\/\" target=\"_blank\" rel=\"noopener\">last week<\/a>. The 550k bbl \/ d facility is one of the Kingdom\u2019s largest.<\/p>\n<p class=\"tag-border-left\">What\u2019s next?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Will the market stabilize? <\/strong>\u201cWe actually entered this crisis with everyone thinking we were oversupplied,\u201d Foss explained, adding that the mixed messaging from the US is causing the market to fluctuate. \u201cSome comparisons have been made to 2022 when Russia invaded Ukraine in February. We were coming out of Covid, so oil demand was pretty inelastic, you need these quite dramatic changes in price to affect consumption.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>\u201cWe saw the price go up to USD 130 per barrel then and it stayed above 100 for 110 days <\/strong><strong>consecutively<\/strong>,\u201d Foss notes. Clarifying that, \u201cthe Middle East is twice as significant as Russia as an oil producer,\u201d but \u201cmaterially we were oversupplied going into this, with some 600 mn barrels more in stock currently than there were when Russia-Ukraine started.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>\u201c<\/strong><strong>The duration of this conflict really is the critical factor<\/strong>,\u201d Foss explained, adding that \u201cgiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up.\u201d We are seeing the practical decoupling of the global energy trade from its most vital artery. The strait previously handled 20 mn barrels per day, roughly a quarter of all seaborne oil.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Production has gone down, and \u201cit won't be able to come back as quickly<\/strong>,\u201d he said. However, the \u201coil market has become relatively nimble in the last few years because we've had so many energy shocks.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>While Fitch Ratings <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/09\/the-hormuz-crisis-moves-onshore-as-production-halts\/\" target=\"_blank\" rel=\"noopener\">expects<\/a><\/strong><strong> the strait\u2019s closure to be \u201ctemporary\u201d and maintains a 2026 <\/strong><strong>Brent average forecast of USD 63 \/ bbl<\/strong>, the immediate reality for operators is a scramble for alternative logistics and the suspension of delivery contracts that could take months to untangle.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Could buyers move to alternative sources?<\/strong> \u201cThere just isn't anyone really big enough to replace the Middle East,\u201d Foss said, \u201cthey'll do what they can but I don't think they'll be able to replace that source.\u201d The US <a href=\"https:\/\/www.reuters.com\/business\/energy\/us-weighs-easing-russian-oil-sanctions-cool-global-price-surge-sources-say-2026-03-09\/\" target=\"_blank\" rel=\"noopener\">has eased the sanctions<\/a> on purchasing Russian oil for India, while Venezuela is <a href=\"https:\/\/www.reuters.com\/business\/energy\/chevron-shell-closing-first-big-oil-production-deals-venezuela-since-us-captured-2026-03-10\/\" target=\"_blank\" rel=\"noopener\">expected to ramp up production<\/a>, and US producers of shale oil <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-06\/us-shale-operators-defy-60-oil-to-keep-increasing-production#\" target=\"_blank\" rel=\"noopener\">are already<\/a> in full throttle.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi\/\">Saudi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93471 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"93471\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/93471\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93471\" class=\"content-area-description single-story post-93471 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93472\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"93472\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/\">\r\n                            Flynas in the red for FY 2025                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/&title=A mixed bag for Flynas\u2019s earnings in FY 2025\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+mixed+bag+for+Flynas%E2%80%99s+earnings+in+FY+2025+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F03%2F12%2Fa-mixed-bag-for-flynass-earnings-in-fy-2025%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/349.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93473\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-mixed-bag-for-flynass-earnings-in-fy-2025\/349-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/349.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"349.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/349.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/349.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93472\" class=\"content-area-description single-story post-93472 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-ad-ports tag-also-on-our-radar tag-aviation tag-enterprise-logistics tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"tag-border-left\">Flynas in the red for FY 2025<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong> Non-recurring <\/strong><strong>IPO<\/strong><strong>-related charges knocked Flynas into the red for FY <\/strong><strong>2025.<\/strong> Saudi Arabia\u2019s budget carrier Flynas posted a net loss attributable to shareholders of SAR 527 mn, against a SAR 434 mn gain a year earlier, according to a <a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=93606&amp;anCat=1&amp;cs=4264&amp;locale=en\" target=\"_blank\" rel=\"noopener\">Tadawul disclosure<\/a>. The firm\u2019s revenue still rose 3.8% y-o-y to SAR 7.8 bn during the same period.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It\u2019s too early to tell how the conflict will affect Flynas this year<\/strong>, but the airline is in a better condition than some GCC peers and is still operating flights on schedule, CEO Al Mohanna told <a href=\"https:\/\/asharqbusiness.com\/companies\/123303\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D9%86%D8%A7%D8%B3-%D9%88%D8%B6%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%A3%D9%81%D8%B6%D9%84-%D9%85%D9%82%D8%A7%D8%B1%D9%86%D8%A9-%D8%A8%D9%86%D8%B8%D9%8A%D8%B1%D8%A7%D8%AA%D9%87%D8%A7-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC%D9%8A%D8%A9\/\" target=\"_blank\" rel=\"noopener\">Asharq Business<\/a>. Some 30% of the company\u2019s fuel consumption is covered with hedge contracts, Al Mohanna said.<\/p>\n<p class=\"tag-border-left\">AD Ports gets MTO deadline extension for ALCN<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The<\/strong><strong> Financial Regulatory Authority granted a 60-day extension for the mandatory tender offer (<\/strong><strong>MTO) targeting Alexandria Container and Cargo Handling Company<\/strong>, according to an <a href=\"https:\/\/ent.news\/2026\/3\/556.pdf\" target=\"_blank\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. The regulatory decision allows Black Caspian Logistics \u2014 acting on behalf of Abu Dhabi sovereign wealth fund ADQ \u2014 a new window to finalize its bid for up to 90% of the maritime logistics company\u2019s shares.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Why it matters:<\/strong> This MTO is a necessary regulatory step to officially <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/18\/whats-really-happening-with-that-mto-for-alexandria-containers\/\" target=\"_blank\" rel=\"noopener\">consolidate<\/a> the indirect holdings of ADQ and its subsidiary AD Ports Group. After initially acquiring a <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/\" target=\"_blank\" rel=\"noopener\">32%<\/a> stake in 2022, ADQ secured an indirect 51.3% majority control last November when AD Ports purchased an additional <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/17\/ad-ports-wants-to-raise-its-stake-in-alexandria-container-to-at-least-51\/\" target=\"_blank\" rel=\"noopener\">19.3% stake<\/a>. Because Egyptian securities law mandates an MTO when a shareholder\u2019s stake exceeds 33%, the Emirati group is utilizing this extra time to finalize its offer and bring its Egyptian port investments under direct, unified control.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93474\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/93474\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93474\" class=\"content-area-description single-story post-93474 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>9-13 March (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/WCALtd\/posts\/get-ready-the-official-website-for-the-wca-worldwide-conference-2026-is-launchin\/1070064335151993\/\" style=\"\">World Cargo Alliance Worldwide Conference<\/a><\/span><span style=\"font-weight:400;\">, Singapore. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-cargo-symposium\/\" style=\"\">World Cargo Symposium<\/a><\/span><span style=\"font-weight:400;\">, Lima, Peru.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intralogistex.co.uk\" style=\"\">IntraLogisteX<\/a><\/span><span style=\"font-weight:400;\">, Birmingham, United Kingdom. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/netzerocompare.com\/events\/green-marine-transport-2026\" style=\"\">Green Marine Transport Conference<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marinemoney.com\/events-2-0-2\/2026-gulf-ship-finance-forum\" style=\"\">Gulf Ship Finance Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zumizointernational.com\/trade-shows\/saudi-smart-logistics\/\" style=\"\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferenziaworld.com\/global-supply-chain-and-logistics-summit\/#:~:text=16th%20%2D%2017th%20April%202026%20\/%20Amsterdam,Logistic%20Summit%20Introduction\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>23-24 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.key-notion.com\/sustainability-world-summit\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>28-30 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/portugal26\/\" style=\"\">Mediterranean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Porto, Portugal.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit.html\" style=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-aviation-energy-forum\/\" style=\"\">Aviation Energy Forum (AEF)<\/a><\/span><span style=\"font-weight:400;\">, Paris, France.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east-fintech\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-ground-handling-conference\/\" style=\"\">Ground Handling Conference (IGHC)<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocworldwide.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Hamburg, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-4 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\" style=\"\">ProPak Mena<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-5 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/supplyclo.com\" style=\"\">Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-8 June (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2026\/\" style=\"\">IATA World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-11 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/black-sea-ports-and-logistics-2026-istanbul\/\" style=\"\">Black Sea Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-23 June (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30-1 August (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aircargomiddleeastexpo.com\/?utm_source=referral-traffic&utm_medium=ref-visit&utm_campaign=google.com\" style=\"\">Air Cargo Middle East<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30-1 August (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/SWLExpo\/\" style=\"\">Saudi Warehouse and Logistics Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-30 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportlogistic.de\/en\/transport-logistic-worldwide\/\" style=\"\">Transport Logistics Middle East<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-22 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/global-ports-forum-singapore-draft-agenda\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-29 (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aircargoforum.org\/event\/4d30ed99-e73f-4fcd-a160-2701037fad18\/summary\" style=\"\">Air Cargo Forum<\/a><\/span><span style=\"font-weight:400;\">, Miami, US.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-29 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/events\/285\/routes-world-2026\/\" style=\"\">Routes World<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-5 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Red Sea rebound. Hormuz oil taps tighten. Force majeure says what?<\/p>\n","protected":false},"featured_media":93460,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-93459","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"315e1615-676e-44a0-a595-46ad2d96def1","teaser":"Red Sea rebound. Hormuz oil taps tighten. 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