Red Sea Shipping Crisis Deepens as Global Carriers Suspend Transits Amid New Regional Conflict - Serwe News
As of March 1, 2026, major shipping lines including Maersk and MSC have suspended all transits through the Red Sea and the Strait of Hormuz, citing a rapid deterioration in maritime security following military strikes between international powers and Iran.
ASMARA/LONDON — The hope for a return to normalcy in Red Sea shipping in 2026 has been 'shattered' according to industry analysts, as the world's largest container lines announced a total suspension of routes through the Bab el-Mandeb Strait. On March 1, 2026, Danish shipping giant Maersk issued an emergency advisory instructing all vessels to seek safe harbor and announcing that all future sailings would be rerouted around the Cape of Good Hope. The decision follows a significant military escalation in the region over the weekend of February 28, involving joint US-Israeli operations against targets in Iran and subsequent retaliatory threats. For Eritrea, which sits on one of the world's most vital maritime chokepoints, the crisis has prompted a shift in its national security doctrine. Asmara has reportedly deployed its 'mosquito fleet'—a decentralized network of fast, agile patrol boats—to safeguard its 1,100km coastline against the spillover of regional conflict and smuggling. Industry experts at Xeneta warn that the 'weaponization of trade' in the Red Sea will lead to a 40% surge in shipping costs for the first half of 2026, as the Suez Canal sees its lowest traffic volumes in decades. Eritrea remains steadfast in its policy of strategic independence, refusing to host foreign naval bases while reinforcing its own anti-access area-denial (A2/AD) capabilities along the Red Sea shore.