03/04/2026 | Press release | Distributed by Public on 03/04/2026 14:39
WHAT'S THE LATEST
Update as of March 4: As conflict in the Middle East continues, major ocean carriers-including MSC and CMA CGM-have issued emergency notices invoking clauses within their Bills of Lading that allow them to terminate voyages early and divert vessels to safe ports of their choosing.
Under these declarations, carriers may end the transport contract prior to final destination and offload containers at an alternative port, in which all costs and responsibilities shift to shippers.
These measures will result in:
SEKO continues to monitor the situation closely and will provide updates as new information becomes available.
MSC has issued an End of Voyage Declaration for all shipments bound for the Arabian Gulf, including empties already released for export.
Key updates:
CMA CGM has implemented emergency measures affecting shipments to/from:
Key updates:
The Middle East is a critical node for East-West ocean trades. Restrictions around the Strait of Hormuz and Gulf ports are creating schedule volatility, congestion at diversion ports and increased cost pressures across global networks.
Given the escalating operational constraints and sudden implementation of End of Voyage and Force Majeure clauses, SEKO recommends that shippers:
The situation remains highly dynamic, and SEKO will continue issuing updates as developments occur.
If you have questions, please reach out to your SEKO representative, or email us at [email protected].