Geopolitics is no longer a risk. It is the environment
Shipping has changed the way it thinks about risk. The 2025–2026 ICS Maritime Barometer documents not a new threat at the top of the rankings, but a new logic altogether
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MARITIME RISK
Shipping in the age of geopolitical risk
When the map becomes the business model, shipping stops pricing distance and fuel and starts pricing access, leverage, and geopolitical exposure, as routes evolve from neutral corridors into strategic assets shaping costs, risk, and reliability
Shipping under permanent instability: Why industry leaders are seeking a clear picture of risk
Global shipping faces a new era of permanent geopolitical instability, forcing industry leaders to reassess risk, strategy and investment amid regulatory uncertainty, technological transition and fragmented international decision-making
Shipping held hostage by geopolitical instability
Global shipping remains trapped in a cycle of disruption, as geopolitical tensions increasingly override market fundamentals, reshaping trade routes, fleet utilization and investment decisions across all major maritime sectors