Global maritime trade is facing renewed instability as the Middle East war and a severe fuel crisis disrupt shipping routes. Main line operators are preparing to raise freight charges again from April 1, potentially increasing Bangladesh’s import and export costs. Container rates to Europe have already risen sharply, while connections on Middle East routes have nearly collapsed, with limited vessels charging several times higher rates. Freight for a 40-foot container from Chattogram to Europe has climbed from about $1,600–$1,700 in February to around $2,400 in March.

Shipping companies cite rising global fuel prices and war risks as reasons for the new rate adjustments, with expectations of a further 25–30 percent increase in April. Industry leaders warn that the surge will directly affect Bangladesh’s export sector, particularly the ready-made garment industry, as existing orders were priced under earlier freight structures. Freight forwarders also report a 20 percent rise in bulk cargo rates and growing risks in the Red Sea and Hormuz Strait.

Experts urge the government to closely monitor shipping line pricing and take measures to mitigate the impact on trade and the broader economy.