Bab-el-Mandeb / Southern Red Sea
Disrupted
8/10
~9 million bpd oil; principal route between Suez and the Indian Ocean; ~12% of global trade transits
The Bab-el-Mandeb / Southern Red Sea corridor remains operationally disrupted, with the continued divergence of major carriers onto the Cape of Good Hope route keeping container freight rates elevated…
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Strait of Hormuz
Elevated
7/10
~20 million bpd crude oil & condensate — ~30% of global seaborne oil; ~20% of global LNG
The Strait of Hormuz remains under elevated commercial risk amid Iran's announcement of new 'service fees' for transiting vessels, directly contravening U.S. warnings and introducing a novel complianc…
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Suez Canal
Disrupted
7/10
~12% of global seaborne trade; ~30% of global container traffic; ~9 million bpd oil
The Suez Canal is experiencing a partial, cautious resumption of transits, led by Maersk and Hapag-Lloyd reinstating their Gemini alliance service through the canal following a security re-evaluation.…
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Turkish Straits (Bosphorus & Dardanelles)
Elevated
5/10
~3 million bpd oil; principal outlet for Black Sea grain, oil, and natural gas
The Turkish Straits remain under elevated operational risk, primarily driven by the continued conflict in Ukraine and escalating EU sanctions packages targeting Russian energy exports. Ukrainian drone…
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Danish Straits
Elevated
5/10
~3 million bpd Russian crude & products; principal Baltic outlet for Russian seaborne oil
The Danish Straits, as the principal Baltic outlet for Russian seaborne crude and products, are experiencing elevated commercial risk driven by the ongoing EU sanctions trajectory and Ukrainian strike…
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Taiwan Strait
Normal
3/10
~40% of global container fleet transits annually; primary north-south Pacific shipping corridor
No specific operational disruption signals for the Taiwan Strait are present in current headlines; TSM equity trading activity in the news feed reflects financial market positioning rather than mariti…
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Panama Canal
Normal
3/10
~5% of global maritime trade; ~13,000–14,000 transits per year in normal conditions
No specific operational disruption signals for the Panama Canal are present in current headlines. The canal is operating within normal parameters following the easing of drought-related draft restrict…
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Strait of Malacca
Normal
2/10
~16 million bpd oil; ~30% of global maritime trade; principal artery between Indian and Pacific Oceans
No specific operational disruption signals for the Strait of Malacca are present in current headlines. The strait continues to function as the principal artery for Indian-to-Pacific Ocean trade, proce…
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Strait of Dover / English Channel
Normal
2/10
~25% of global commercial maritime traffic by ship count; ~500 vessels per day
No specific operational disruption signals for the Strait of Dover or English Channel are present in current headlines. The strait continues to process approximately 500 commercial vessels per day, re…
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