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FacebookTwitterEmailLinkedin Condition Monitoring Technologies (CMT) is warning that the sharp rise in fuel costs, combined with severe disruption to global transport corridors, will impact the ability of service providers, OEMs, and technical suppliers to support vessels worldwide. According to CMT, the escalating conflict in the Middle East and the blocking of the Strait of Hormuz is set to become a major operational challenge for ship maintenance and safety, and not just for those ships operating in and around the Gulf. While the immediate impact of the crisis has been felt through rising bunker prices and war-risk premiums, CMT highlights that secondary effects are now emerging across the maritime technical services ecosystem. RelatedNews Iraq and Pakistan strike deal with Iran to move oil and gas through Hormuz Iran expands its operational area in Hormuz var jnews_module_21368580_0_6a049c159ba74 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21368580","include_category":"","exclude_category":"","include_author":"","include_tag":"4346,280,2929,2647","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"
CMT: Middle East conflict makes it hard for suppliers to support vessels
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