Company Announcements
March 3, 2026
AMSCI flags maritime trade implications as Middle East conflict unfolds
Written by Kristen DiLandro
The American Metals Supply Chain Institute (AMSCI) said increasing insurance premiums, potential vessel diversions, and contractual risk evaluations began in the global freight market as geopolitical conflict escalates in the Persian Gulf region.
The current conflict takes place amidst some of the largest and most strategic maritime trade routes on the planet. Following joint military strikes by the US and Israel on Iran beginning Saturday, Feb. 28, assessment of safety, security, and structural viability of the Persian Gulf, Strait of Hormuz, Gulf of Oman, and Red Sea corridors continue.
