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Home > All news > Geopolitical risks increasingly drive deteriorating Shipping Outlook : Fitch Ratings

Geopolitical risks increasingly drive deteriorating Shipping Outlook : Fitch Ratings

December 15, 2025
Reading Time: 2 minutes

London : Geopolitical and policy risks have become bigger drivers of our ‘deteriorating’ 2026 outlook for the global shipping sector than underlying industry fundamentals, Fitch Ratings says. These risks include potential tariff-related escalation; other protectionism-driven tensions such as port fees; the possible resumption of Red Sea transits; a potential conflict in Venezuela; and increasing competition for control of shipping value chains.We expect container-shipping performance to weaken in 2026, according to Global Shipping Outlook 2026, as lower freight rates . . .

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