Tom Jensen (General Manager Freight Policy & Operations - FTA/APSA) spoke on ABC News Breakfast 3 March 2026 outlining the impact of the Strait of Hormuz closure, together with shipping lines reportedly imposing emergency conflict surcharges of around USD $2,000 per container and $4,000 per reefer; in many cases applied to cargo already on the water.
If the conflict is prolonged, the implications for Australia's export sectors including meat and fresh produce — along with key imports such as fertiliser, will be substantial.