Over a month since the start of the Iran war, Maltese shipping logistics firm MedservRegis said it isn’t experiencing any material adverse impact, has no current concerns over business continuity, and is viewing signs of stabilisation with regards to regional supply chains.

The Maltese listed company has a large footprint in the Middle East, operating in Saudi Arabia, Oman, Iraq and the UAE.

MedservRegis Co-CEO Olivier Bernard tells WhosWho.mt that he and fellow Co-CEO Karl Bartolo carried out a detailed management assessment of the recent developments in the Middle East and their potential impact on MedservRegis’s operations across the region.

“Based on the information available to us today, we have not experienced any material adverse impact on our operations, financial position, or liquidity,” he said, reiterating a statement he had made shortly after the war broke out.

“Across our Middle East footprint, currently including Saudi Arabia, Oman, Iraq and the UAE, all facilities remain accessible and fully operational.”

“There has been no physical damage to assets, no disruption to personnel deployment, and no material impact on business volumes. Our order books remain stable, and we continue to service a high‑quality, international customer base under normal operating conditions.”

The only slight disruption Mr Bernard reported was port call delays in Oman in March, which resulted in postponed - but not lost - activity.

"Port operations have since resumed, delayed deliveries are being cleared, and associated inspection, transport and logistics services continue uninterrupted,” he said.

Iran and the United States have agreed to a conditional two-week ceasefire, allowing limited shipping through the Strait of Hormuz—a critical route for global oil, LNG and fertiliser supplies. However, ongoing hostilities and Iran’s reported imposition of transit fees have cast doubts over how long the arrangement can hold.

Mr Bernard said that while MedservRegis remains cautious and continues to monitor the situation closely, there are some signs of stabilisation to regional supply chains.

“We note that the gradual reopening and the emergence of alternative logistics routes are helping restore predictability to regional supply chains. In that respect, I would say the situation shows signs of stabilisation, albeit within a broader geopolitical environment that still requires prudent risk management,” he said.

“More generally, periods of increased logistical complexity in the energy sector often lead to greater reliance on inspection, maintenance and repair services, which aligns well with MedservRegis’s core service offering. While higher fuel prices may place some pressure on operating costs, we have mechanisms in place to manage these impacts and, where appropriate, engage with clients on a case‑by‑case basis.”

“In summary, while we remain alert to developments, our operations in the region are stable, our liquidity position is strong, and we do not see the current situation as giving rise to concerns regarding business continuity at this stage.”

Other Maltese companies have taken a different position. OZO Group CEP Fabio Muscat confirmed with WhosWho.mt that the company has withdrawn all its staff from Doha and suspended operations in the Qatari capital in light of uncertainty in the region.