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Geopolitical tensions cause risks to the worldwide transport sector

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Geopolitical tensions cause risks to the worldwide transport sector


  • Allianz Security and Shipping Review 2025: Add a trade conflict between the United States and China and the growing shadow fleet, add-based problems for the shipping industry.
  • Despite geopolitical headlines: In 2024, only 27 large ships in the world in 2024 are more than 20%, the lowest in industry.
  • The main causes of the inside are progress on traditional risks such as fires, collisions and collisions, but remains a potential concern for great claims.

Singapore – Media Outreach Newswire – May 27, 2025 – Fast variable geopolitical landscape, according to Alianz commercial anemia, create new risks and problems for a transport industry preparing new risks and problems for the ship industry Security and Shipping Review. An operating environment of the industry is increasingly variable and complex, the arrests, sanctions, sanctions, as well as the events that damage the critical sub-naval cables. In addition, the ripple effect of growing protectionism and tariffs threatens to rebuild the supply chains and shaking the established trade relations.

90% of international trade is transported throughout the oceans, especially when the industry continues to see the potential of major claims of traditional risks such as traditional risks, collisions, clashes and collisions for the total losses of large ships. But there is a good news. The shipping industry has developed significant developments in recent years. In the 1990s, global fleet lost 200+ ships. This is half a total of 27 records in the end of 2024, and now in the end of 2024.

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“The urgent cause of political risk and conflict has increased as a potential cause of marine losses.

The US-China Trade Conflict and Great Shadow Fleet brings uncertainty and difficulties
China has been the largest goal of protection measures in China’s leadership tariffs before it agreed to reduce both countries within 90 days. The developments have significantly affected the global maritime trade, which are exposed to tariffs until half of 2025, compared to mid-2025 MarchAnd dramatically reduced dramatic reductions reported immediately after the announcement of “Freedom Day”. Although the future of the US trade-oriented policy is uncertain, another phenomenon creates a growing problem for the sea and insurance industry: shadow fleet. Since the war in Ukraine began, the size of the shadow fleet increased significantly. Around today 17% World Tanker Fleet is thought to belong to the shadow fleet: calculations show the proximity of about 600 tankers of Russian oil alone. He took part in dozens of things in the world, including shadow fleet ships, fires, collisions and oil.

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“Although the latest sanctions make these ships hard to trade, shadow fleet, marine safety and the environment may be as much as the possibility of being poorly kept elderly ships US $ 1.6 Billion, saying Justus Heinrich, a global product leader, sea body, allianz trading.

Redundance Reconstruction: In addition to older ships and higher expenses, risky routes
Many ship operators with continued geopolitical variability in the Middle East, added time and expenses to the transition between Asia and Europe, returned around the ships around the hood of good hope. For example, this re-search is about $ 1 million for a typical transit between China and Europe and adds at least 10 days. According to estimates, the volume of cargo in the throat fell to two-thirds of September by September 2024, with the cost of global economy 200 mlron in US dollars that year. As a result of this revision, the quality and safety of ships can also affect.

“To equip the basis with a container capacity, the tonnage can often be in the best condition for the longer the older and older tonnage, these ships will not be in the best condition for the longer maritime routes and rough weather,” said Allianz Trade Asia.

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Fires and incorrect loads remain a disturbance for large ships
Great ship fires are still a great concern for the trunk and cargo insurers. In 2024, in 2024, in 2024, there were seven casits between all ship types. The number of events has been more than a decade since the annual year, among all types of shipwraps to 250. About 30% of these fire events occurred on the ships (69) (69) broadcast on the container, cargo or roll. In the last ten years, more than 100 ship losses caused. Efforts to reduce these risks continue with copper declared cargo, regulatory changes and technological advances and technological progress that contributed to such fires. This creates even more difficulty in the growing number of electricity, lithium-ion batteries and battery energy storage systems.

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There is doubt that the shipping industry is stronger against the risks associated with large ships, although we cannot say they are controlled. However, in 2024, a total of 27 losses emphasize a positive trend. To perspective: There are more than 100,000 vessels (100GT +) in the global fleet. However, uncertainty and many risks continue. Cyber ​​attacks and GPS interference increases. The ceasefics have increased their hopes, but the threat of red sea safety and the supply chain will be likely to be violated. Meanwhile, the green transition requires a lot of work. The coming years will be decisive and will determine the sector and global trade path“Explains Captain Rahul Hanna, the global head of the sea risk, Allianz trading.

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Allianz Trading

Allianz is a global line of expertise and Allianz to insure trading, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industrial players, global aviation and transport industry, as well as family and secondary enterprises, as well as family and secondary enterprises. We also cover the unique risks such as sea wind parks, infrastructure projects or film production. Equipped by employees, and the network of the world’s number 1 insurance brand, work together to help our customers prepare for those ahead: they trust us to provide a traditional and traditional area Risk transfer solutions, outstanding and Services, as well as seamless Working. Allianz Trade Allianz Global Corporate & Specialty (AGCs) and Specialty (AGCs) and the National Allianz Property (AGCs) and trade insurance insurance are in great corporate insurance. We have their own teams or allianz group networks and partners in more than 200 countries or territories. In 2024, the work integrated with Allianz trade is about 18 billion euros in the world.

Geopolitical tensions cause risks to the worldwide transport sector

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