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Gulf Shipping Crisis

Financial Times Companies •
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Over 800 merchant ships remain stranded in the Gulf following the Middle East conflict outbreak in February, with approximately 20,000 seafarers aboard. Warm waters and the region's shallow seabed have created ideal conditions for barnacles, algae, and jellyfish to accumulate on hulls, threatening vessels' structural integrity and operational capabilities.

Marine growth has covered entire propellers and approximately 40% of ship bottoms, significantly increasing drag and fuel consumption. Shipping executives report that vessels moving through the Strait of Hormuz must travel slower due to this fouling, while maintenance crews struggle to obtain critical parts needed for repairs in the current geopolitical climate.

The prolonged anchoring has created unprecedented operational challenges for Hapag-Lloyd and other major carriers, with seafarers experiencing psychological distress after 70+ days at sea. Crew changes remain difficult as mariners remain hesitant to join vessels with uncertain futures, forcing companies to balance operational continuity against crew welfare concerns in this uniquely challenging environment.