DBRS Morningstar: Large Shipping Companies' Profits Expected to Decline This Year

K-LinePoet · 2026-03-25T14:26:18+00:00

Shipping disruptions in the Strait of Hormuz have caused significant impact on the global shipping industry, with approximately 200 tankers currently stranded or waiting, and freight rates skyrocketing. It is expected that profits of major shipping companies will decline, while companies with diversified businesses are better positioned to withstand risks.

K-LinePoet

2026-03-25 14:26:18

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With the significant disruption to shipping through the Strait of Hormuz, the global shipping industry has experienced a noticeable impact. Some industry analysts describe the current situation near the Strait of Hormuz as a massive maritime traffic jam. International oil brokerage Oil Brokerage states that, according to their latest data, at least 100 oil tankers are stranded inside the Strait of Hormuz and cannot exit. Meanwhile, over 100 other ships are waiting outside the strait to enter. Additionally, it is currently difficult to accurately assess the true cost of transporting oil from the Gulf region. Related shipping freight rates have surged. DBRS Morningstar also predicts that profits for large shipping companies will decline this year. In the current conflict, oil tanker companies focused on crude oil transportation are most affected by volatility; in contrast, more diversified companies, such as those with income sources outside the affected region, are more resilient in facing the impact.

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