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EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 23 -2026
📌 Weekly Logistics Highlights (May 30–June 5, 2026)
This week, Middle East maritime tensions escalated further with heightened Hormuz security risks pushing more carriers to stick with full Africa Cape rerouting; Middle East air cargo capacity kept expanding while spot air rates bottomed out gradually. China’s green port projects and NEV outbound shipments hit monthly closing peaks; South Korean transshipment maintained robust growth amid global tech cargo demand; US West Coast ports prepared for early summer import rush with tight inland trucking supply; South Asia inland rail logistics kept upgrading; European preliminary port strike alerts emerged for late June.
China
Hong Kong, China
🔹 HK Green Shipping Fund Ninth Batch Opens, Cumulative Approved Funding Exceeds HK $5.6B (Jun 1)
Hong Kong Marine Department kicked off the ninth round of Green Shipping Fund applications with 57 filed proposals focusing on methanol refitting and dockside shore power renovation. Total authorised projects accumulated to 113, and aggregated disbursements climbed to HK$5.6 billion. The latest round targets 15 methanol-powered vessel upgrades plus 13 new shore power setups, expected to slash annual carbon emissions by 8,900 tons. Forty-three global carriers have joined the incentive scheme to advance regional shipping decarbonisation targets for 2030.
🔹 HKIA Weekly Cargo Rises to 535,000 Tons, Cool Chain Pharma Cargo Jumps 33% WoW (Jun 4)
Hong Kong International Airport’s weekly cargo throughput climbed to 535,000 tons driven by booming SEA–US transshipment and end-May monthly closing pharma exports. Temperature-controlled cargo volumes surged 33% week-on-week backed by newly expanded cold-storage facilities and exclusive pharmaceutical handling workflows. Night-shift freighter slot utilisation hit 94%, clearing leftover backlogs before June traditional import peak season.
Hong Kong Marine Department kicked off the ninth round of Green Shipping Fund applications with 57 filed proposals focusing on methanol refitting and dockside shore power renovation. Total authorised projects accumulated to 113, and aggregated disbursements climbed to HK$5.6 billion. The latest round targets 15 methanol-powered vessel upgrades plus 13 new shore power setups, expected to slash annual carbon emissions by 8,900 tons. Forty-three global carriers have joined the incentive scheme to advance regional shipping decarbonisation targets for 2030.
🔹 HKIA Weekly Cargo Rises to 535,000 Tons, Cool Chain Pharma Cargo Jumps 33% WoW (Jun 4)
Hong Kong International Airport’s weekly cargo throughput climbed to 535,000 tons driven by booming SEA–US transshipment and end-May monthly closing pharma exports. Temperature-controlled cargo volumes surged 33% week-on-week backed by newly expanded cold-storage facilities and exclusive pharmaceutical handling workflows. Night-shift freighter slot utilisation hit 94%, clearing leftover backlogs before June traditional import peak season.
Shenzhen, China
🔹 Yantian Port Methanol Bunkering Hits 24 Weekly Calls, May Full Month Fuel Supply Tops 9,850 Tons (May31)
Yantian lifted weekly green methanol bunkering frequency to 24 rotations covering all Asia-Europe and 9 fixed Middle East liner routes. Full-May alternative fuel supply reached 9,850 tons, with total emission reductions hitting 8,750 tons since March. A long-term bulk fuel framework with global energy conglomerates locked fixed pricing until 2035, solidifying Yantian’s leading green bunkering hub status in South China.
🔹 Shenzhen Q2 Cross-Border E-Commerce Cargo Up 53% YoY, Middle East Overseas Warehouse Booking Hits New High (Jun2)
Shenzhen’s cross-border e-commerce logistics volume jumped 53% year-on-year in Q2 dominated by new energy vehicles, consumer electronics and smart home appliances. Local forwarders recorded a 70% spike in overseas warehouse reservation across Dubai, Riyadh and Kuwait as exporters shift inventory away from vulnerable Red Sea sea lanes. Port monthly container throughput closed May up 31% YoY on strong outbound order momentum.
Yantian lifted weekly green methanol bunkering frequency to 24 rotations covering all Asia-Europe and 9 fixed Middle East liner routes. Full-May alternative fuel supply reached 9,850 tons, with total emission reductions hitting 8,750 tons since March. A long-term bulk fuel framework with global energy conglomerates locked fixed pricing until 2035, solidifying Yantian’s leading green bunkering hub status in South China.
🔹 Shenzhen Q2 Cross-Border E-Commerce Cargo Up 53% YoY, Middle East Overseas Warehouse Booking Hits New High (Jun2)
Shenzhen’s cross-border e-commerce logistics volume jumped 53% year-on-year in Q2 dominated by new energy vehicles, consumer electronics and smart home appliances. Local forwarders recorded a 70% spike in overseas warehouse reservation across Dubai, Riyadh and Kuwait as exporters shift inventory away from vulnerable Red Sea sea lanes. Port monthly container throughput closed May up 31% YoY on strong outbound order momentum.
Guangzhou, China
🔹 Nansha Port May Final NEV Export Reaches 36,200 Units, Tenth Weekly Middle East Ro-Ro Route Launched (May30)
Nansha Port rolled out its tenth regular weekly Middle East Ro-Ro liner calling Jeddah, Dubai, Abu Dhabi, Kuwait and Doha. Benefiting from end-month bulk vehicle shipment rush, May’s total NEV outbound hit 36,200 units with automated loading cutting average vessel berth stay below 5 hours. PRD vehicle manufacturing expansion lifted monthly NEV export growth to 57% month-on-month.
🔹 Baiyun Airport Adds Seventh Daily Middle East Freighter, General Air Rates Dip to $3.7–4.7/kg (Jun5)
Baiyun International Airport launched a seventh daily dedicated Middle East freighter operated by China Southern Cargo and SF Airlines, lifting regional weekly cargo capacity by 60% WoW. Electronics, medical raw materials and finished pharmaceuticals occupied 81% of total airfreight volume. General cargo spot prices softened to $3.7–4.7/kg, while temperature-controlled pharma cargo maintained stable $6.3–8.3/kg pricing.
Nansha Port rolled out its tenth regular weekly Middle East Ro-Ro liner calling Jeddah, Dubai, Abu Dhabi, Kuwait and Doha. Benefiting from end-month bulk vehicle shipment rush, May’s total NEV outbound hit 36,200 units with automated loading cutting average vessel berth stay below 5 hours. PRD vehicle manufacturing expansion lifted monthly NEV export growth to 57% month-on-month.
🔹 Baiyun Airport Adds Seventh Daily Middle East Freighter, General Air Rates Dip to $3.7–4.7/kg (Jun5)
Baiyun International Airport launched a seventh daily dedicated Middle East freighter operated by China Southern Cargo and SF Airlines, lifting regional weekly cargo capacity by 60% WoW. Electronics, medical raw materials and finished pharmaceuticals occupied 81% of total airfreight volume. General cargo spot prices softened to $3.7–4.7/kg, while temperature-controlled pharma cargo maintained stable $6.3–8.3/kg pricing.
Shanghai, China
🔹 COSCO Cape Route Full Utilisation Sustained at 99%, Middle East War-Risk Surcharges Extended to Mid-September (Jun1)
COSCO’s 14 Asia-Middle East Cape diversion liners maintained 99% terminal occupancy with forward bookings extending into December. Ocean transit durations remain 12–15 days longer than pre-conflict benchmarks; Jeddah and Salalah collectively process 65% of Gulf feeder container volumes. Relevant war-risk surcharges got prolonged till mid-September at $1,600–2,100/20GP and $3,100–4,100/40HC respectively.
🔹 Yangshan Port AI Smart Berth System Reaches Full Trial Run, Terminal Overall Efficiency Rises 49% MoM (Jun3)
Yangshan Deep-Water Port completed full trial operation of AI-driven intelligent berth management across all 42 container docks, lifting monthly terminal efficiency by 49% and lowering manual field intervention ratio to 31%. The predictive equipment maintenance programme finished final debugging, ready for full commercial launch in Q1 2027, shortening average vessel turnaround to 17.8 hours, 25% faster than national average port level.
COSCO’s 14 Asia-Middle East Cape diversion liners maintained 99% terminal occupancy with forward bookings extending into December. Ocean transit durations remain 12–15 days longer than pre-conflict benchmarks; Jeddah and Salalah collectively process 65% of Gulf feeder container volumes. Relevant war-risk surcharges got prolonged till mid-September at $1,600–2,100/20GP and $3,100–4,100/40HC respectively.
🔹 Yangshan Port AI Smart Berth System Reaches Full Trial Run, Terminal Overall Efficiency Rises 49% MoM (Jun3)
Yangshan Deep-Water Port completed full trial operation of AI-driven intelligent berth management across all 42 container docks, lifting monthly terminal efficiency by 49% and lowering manual field intervention ratio to 31%. The predictive equipment maintenance programme finished final debugging, ready for full commercial launch in Q1 2027, shortening average vessel turnaround to 17.8 hours, 25% faster than national average port level.
Tianjin, China
🔹 Tianjin Port Green Shipping Corridor Coverage Hits 65%, 152 Weekly LNG/Methanol Eco-Vessel Calls (Jun4)
Tianjin’s dedicated green corridor covered 65% of total port cargo throughput with 152 weekly arrivals of LNG and methanol-fuelled ships; another 52 shore power hookups were newly finished bringing total quantity to 402. Monthly carbon abatement reached 8,600 tons, on track to hit the year-end 68% green throughput target as North China’s core eco-friendly maritime gateway.
🔹 Tianjin Binhai Airport Rolls Out Twelfth Weekly Middle East Freighter, Auto Components Account for 63% Shipment Share (May31)
Binhai Airport increased Jeddah-bound weekly cargo flights to twelve full B747 freighter rotations delivering 3,200 tons weekly capacity with transit time capped under 8.5 hours. Auto spare parts, heavy machinery and industrial electronics occupied 63% of air cargo tonnage, absorbing nearly 60% of Tianjin’s Gulf-bound sea-to-air diverted cargo.
Tianjin’s dedicated green corridor covered 65% of total port cargo throughput with 152 weekly arrivals of LNG and methanol-fuelled ships; another 52 shore power hookups were newly finished bringing total quantity to 402. Monthly carbon abatement reached 8,600 tons, on track to hit the year-end 68% green throughput target as North China’s core eco-friendly maritime gateway.
🔹 Tianjin Binhai Airport Rolls Out Twelfth Weekly Middle East Freighter, Auto Components Account for 63% Shipment Share (May31)
Binhai Airport increased Jeddah-bound weekly cargo flights to twelve full B747 freighter rotations delivering 3,200 tons weekly capacity with transit time capped under 8.5 hours. Auto spare parts, heavy machinery and industrial electronics occupied 63% of air cargo tonnage, absorbing nearly 60% of Tianjin’s Gulf-bound sea-to-air diverted cargo.
Qingdao, China
🔹 Qingdao Port Weekly Green Fuel Bunkering Rises to 38 Calls, Q2 Green Fuel Volume Up 3.5x YoY (Jun5)
Qingdao recorded 38 weekly methanol and LNG bunkering operations supplying 4,650 tons alternative fuels within the week; eco-friendly vessel berthing subsidies accumulated RMB8.2 million across May. Q2 green bunkering throughput expanded 3.5 times year-on-year, consolidating its dominant role as Northern China’s primary green fuel supply hub.
🔹 Qingdao-Osaka Cargo Flights Expanded to Ten Weekly Rotations, Shandong Seafood Exports to Japan Up 39% MoM (Jun2)
Qingdao Airlines boosted Qingdao-Osaka all-cargo service to ten weekly B737-800BCF flights delivering 1,500 tons weekly capacity with exclusive cold chain zones for aquatic products and semiconductor parts. Shandong’s fresh seafood outbound to Japan rose 39% month-on-month fuelling steady bilateral cross-border air cargo expansion.
Qingdao recorded 38 weekly methanol and LNG bunkering operations supplying 4,650 tons alternative fuels within the week; eco-friendly vessel berthing subsidies accumulated RMB8.2 million across May. Q2 green bunkering throughput expanded 3.5 times year-on-year, consolidating its dominant role as Northern China’s primary green fuel supply hub.
🔹 Qingdao-Osaka Cargo Flights Expanded to Ten Weekly Rotations, Shandong Seafood Exports to Japan Up 39% MoM (Jun2)
Qingdao Airlines boosted Qingdao-Osaka all-cargo service to ten weekly B737-800BCF flights delivering 1,500 tons weekly capacity with exclusive cold chain zones for aquatic products and semiconductor parts. Shandong’s fresh seafood outbound to Japan rose 39% month-on-month fuelling steady bilateral cross-border air cargo expansion.
Vietnam
🔹 Haiphong Port Full-May Throughput Settles at 1.24M TEUs, Electronics Export Surges 46% YoY (Jun1)
Haiphong wrapped up May with total container throughput hitting 1.24 million TEUs, up 39% year-on-year; electronics and textile shipments targeting US and EU markets grew 46% supported by round-the-clock port operation and streamlined customs clearance procedures. Average container dwell time improved further to 1.6 days amid persistent global supply chain relocation toward Vietnam.
🔹 Vietnam $2B National Logistics Infrastructure Project Advances, Two Core ICD Projects Reach 35% Construction Completion (Jun3)
Vietnam’s USD2 billion nationwide logistics upgrade plan made steady progress; Cai Mep ICD expansion and Tan Cang-Moc Bai inland depot construction hit 35% completion rate with full USD450M Japanese-South Korean investment fully in place. Both key projects are scheduled to finish by Q4 2027 aiming to slash national domestic logistics expenditure by 15% by 2030.
Haiphong wrapped up May with total container throughput hitting 1.24 million TEUs, up 39% year-on-year; electronics and textile shipments targeting US and EU markets grew 46% supported by round-the-clock port operation and streamlined customs clearance procedures. Average container dwell time improved further to 1.6 days amid persistent global supply chain relocation toward Vietnam.
🔹 Vietnam $2B National Logistics Infrastructure Project Advances, Two Core ICD Projects Reach 35% Construction Completion (Jun3)
Vietnam’s USD2 billion nationwide logistics upgrade plan made steady progress; Cai Mep ICD expansion and Tan Cang-Moc Bai inland depot construction hit 35% completion rate with full USD450M Japanese-South Korean investment fully in place. Both key projects are scheduled to finish by Q4 2027 aiming to slash national domestic logistics expenditure by 15% by 2030.
South Korea
Busan, South Korea
🔹 Busan Port Weekly Transshipment Hits New Record 852,000 TEUs, Chip Express Cargo Up 58% WoW (May30)
Busan posted fresh weekly transshipment high at 852,000 TEUs for the 12th consecutive weekly record; port operator deployed 25 extra container gantry cranes plus extended terminal operating hours to ease congestion. Dedicated semiconductor Chip Express lane throughput jumped 58% week-on-week amid global chip inventory restocking cycle.
🔹 Busan Port AI Smart Logistics Platform Finishes 99% Terminal Deployment, Full Launch Locked for Early 2027 (Jun2)
Busan’s Microsoft-powered AI port management system finished 99% installation across five core terminals cutting vessel anchorage waiting time by 28%. Full system official activation remains scheduled for Q1 2027 with updated overall efficiency upgrade target lifted to 42%.
Busan posted fresh weekly transshipment high at 852,000 TEUs for the 12th consecutive weekly record; port operator deployed 25 extra container gantry cranes plus extended terminal operating hours to ease congestion. Dedicated semiconductor Chip Express lane throughput jumped 58% week-on-week amid global chip inventory restocking cycle.
🔹 Busan Port AI Smart Logistics Platform Finishes 99% Terminal Deployment, Full Launch Locked for Early 2027 (Jun2)
Busan’s Microsoft-powered AI port management system finished 99% installation across five core terminals cutting vessel anchorage waiting time by 28%. Full system official activation remains scheduled for Q1 2027 with updated overall efficiency upgrade target lifted to 42%.
Incheon, South Korea
🔹 Incheon Airport Middle East Air Cargo Rises 52% WoW, Expanded Cold Chain Boost Pharma Capacity 60% (Jun4)
Incheon International Airport’s weekly Middle East-bound air cargo climbed 52% week-on-week with seven fully loaded round-trip dedicated freighters; high-value electronics and prescription pharmaceuticals made up 85% of total tonnage. The newly expanded 5,000㎡ temperature-controlled warehouse lifted pharmaceutical processing capacity by 60% month-on-month.
🔹 Incheon Port Digital Smart Platform Cumulative Processing Tops 31,000 TEUs, Busan Digital Interconnection Hits 97% Completion (May31)
Incheon’s digital logistics platform has cumulatively cleared over 31,000 TEUs serving more than 610 domestic logistics enterprises, shortening document handling lead time by 70% and lifting supply chain data visibility to 99.7% for registered clients. Cross-port digital linkage debugging with Busan reached 97% progress ahead of Q1 2027 unified online operation plan.
Incheon International Airport’s weekly Middle East-bound air cargo climbed 52% week-on-week with seven fully loaded round-trip dedicated freighters; high-value electronics and prescription pharmaceuticals made up 85% of total tonnage. The newly expanded 5,000㎡ temperature-controlled warehouse lifted pharmaceutical processing capacity by 60% month-on-month.
🔹 Incheon Port Digital Smart Platform Cumulative Processing Tops 31,000 TEUs, Busan Digital Interconnection Hits 97% Completion (May31)
Incheon’s digital logistics platform has cumulatively cleared over 31,000 TEUs serving more than 610 domestic logistics enterprises, shortening document handling lead time by 70% and lifting supply chain data visibility to 99.7% for registered clients. Cross-port digital linkage debugging with Busan reached 97% progress ahead of Q1 2027 unified online operation plan.
United States
🔹 US CAPE Tariff Refund Registered Importers Exceed 118,000, First Batch Official Disbursement Starts June15 (Jun2)
U.S. CBP’s CAPE tariff refund portal accumulated over 118,000 registered importer filings applying for rebates on invalid Section301 tariffs worth USD166 billion; first round of verified refunds will start issuing on June15. White House keeps the 180-day temporary 10% additional tariff review period ongoing with multiple new trade investigation cases pending formal launch.
🔹 LA Port Late-May Total Throughput Reaches 695,000 TEUs, Rail Yard Dwell Maintains 3 Days Amid Summer Import Prep (Jun3)
Port of Los Angeles handled 695,000 TEUs in late May as importers stock inventory ahead of summer retail season amid ongoing tariff volatility and climbing diesel costs. Automated dock equipment plus extended gate opening hours kept truck turnaround below 52 minutes; rail intermodal volume hit 30,800 TEUs with stable 3-day dwell time, China-origin cargo accounts for 33% of overall port volume.
U.S. CBP’s CAPE tariff refund portal accumulated over 118,000 registered importer filings applying for rebates on invalid Section301 tariffs worth USD166 billion; first round of verified refunds will start issuing on June15. White House keeps the 180-day temporary 10% additional tariff review period ongoing with multiple new trade investigation cases pending formal launch.
🔹 LA Port Late-May Total Throughput Reaches 695,000 TEUs, Rail Yard Dwell Maintains 3 Days Amid Summer Import Prep (Jun3)
Port of Los Angeles handled 695,000 TEUs in late May as importers stock inventory ahead of summer retail season amid ongoing tariff volatility and climbing diesel costs. Automated dock equipment plus extended gate opening hours kept truck turnaround below 52 minutes; rail intermodal volume hit 30,800 TEUs with stable 3-day dwell time, China-origin cargo accounts for 33% of overall port volume.
Bangladesh
🔹 Chittagong Port Average Dwell Time Down to 2.5 Days, New Mooring Terminal Operator Prepares December Handover Mobilisation (May30)
Chittagong operates at 155% designed capacity with extra quay cranes and overtime shifts for peak summer garment export rush; average container detention shortened to 2.5 days. Selected global operator for New Mooring Container Terminal kicked off pre-handover site mobilisation in preparation for December 2026 official takeover targeting annual 2.5M TEU designed capacity.
🔹 Bangladesh Railway Dhaka-Chittagong Daily Container Trains Rise to 29 Rotations, Fixed Transit at 5 Hours (Jun1)
Daily dedicated container rail services between Dhaka ICD and Chittagong Port increased to 29 trips per day carrying 60 TEU each with consistent 5-hour transit duration; highway freight congestion dropped 38% and garment manufacturers’ inland logistics cost reduced notably for peak seasonal outbound orders.
Chittagong operates at 155% designed capacity with extra quay cranes and overtime shifts for peak summer garment export rush; average container detention shortened to 2.5 days. Selected global operator for New Mooring Container Terminal kicked off pre-handover site mobilisation in preparation for December 2026 official takeover targeting annual 2.5M TEU designed capacity.
🔹 Bangladesh Railway Dhaka-Chittagong Daily Container Trains Rise to 29 Rotations, Fixed Transit at 5 Hours (Jun1)
Daily dedicated container rail services between Dhaka ICD and Chittagong Port increased to 29 trips per day carrying 60 TEU each with consistent 5-hour transit duration; highway freight congestion dropped 38% and garment manufacturers’ inland logistics cost reduced notably for peak seasonal outbound orders.
Myanmar
🔹 Yangon Port China-Sourced Imports Surge 57% MoM, Standard Customs Clearance Shortened to 12 Hours (Jun4)
Yangon Port’s inbound cargo from China grew 57% month-on-month dominated by daily necessities, construction raw materials and electronic spare parts; streamlined four-item pre-declaration plus bilingual customs form cut average clearance lead time down to 12 hours. 68 Chinese container vessels are scheduled for June arrivals as bilateral cross-border trade continues robust recovery.
🔹 Myanmar Railways Yangon-Mawlamyine Weekly Parcel Trains Up to Nine Services, Farm Produce Listed as Priority Cargo (May31)
Weekly dedicated parcel trains on Yangon-Mawlamyine route increased to nine rotations at 300 tons per voyage prioritising rice, pulses and construction materials to relieve daytime highway truck congestion; Mandalay-Yangon nightly freight maintained 13 daily trips focusing on domestic agricultural supply chain guarantee.
Yangon Port’s inbound cargo from China grew 57% month-on-month dominated by daily necessities, construction raw materials and electronic spare parts; streamlined four-item pre-declaration plus bilingual customs form cut average clearance lead time down to 12 hours. 68 Chinese container vessels are scheduled for June arrivals as bilateral cross-border trade continues robust recovery.
🔹 Myanmar Railways Yangon-Mawlamyine Weekly Parcel Trains Up to Nine Services, Farm Produce Listed as Priority Cargo (May31)
Weekly dedicated parcel trains on Yangon-Mawlamyine route increased to nine rotations at 300 tons per voyage prioritising rice, pulses and construction materials to relieve daytime highway truck congestion; Mandalay-Yangon nightly freight maintained 13 daily trips focusing on domestic agricultural supply chain guarantee.
Middle East
Red Sea & Strait of Hormuz (May30–June5,2026)
🔹 Hormuz Daily Commercial Vessel Transit Drops to 86% Below Pre-Crisis Benchmark, Roughly 2,050 Vessels Waiting Westbound (Jun5)
Strait of Hormuz maritime security tensions escalated mid-week pushing daily commercial ship movements down to only 86% below historical average with merely 12–16 vessels passing per day under strict Iranian navigation oversight; around 2,050 vessels including 550 tankers and container liners remain anchored west of the strait. Major global carriers persist with full Cape of Good Hope diversion while Jebel Ali and Dammam ports face prolonged berthing delays over six days due to piled-up diverted cargo.
🔹 Iran Coastal Corridor Navigation Fee Revised to $1.0–1.5M Per Vessel, Yuan Payment Share Climbs to 73% (Jun2)
IRGC-managed Iranian coastal alternative corridor adjusted per-vessel transit fee to USD1.0–1.5 million; yuan-settled payments rose to 73% of total settlement volume. Tanker transits edged up marginally while container liner traffic stays nearly suspended on prohibitive cost and security uncertainty.
🔹 Egypt-Saudi Land Bridge Weekly Throughput Reaches 1,920 TEUs, Average Transit Shortened to 7 Days (May31)
Egypt-Saudi overland multimodal corridor processed 1,920 TEUs weekly via Damietta-Safaga overland haulage toward Gulf ports with transit trimmed to 7 days versus original 39–43 days Cape ocean routing; chilled food and pharmaceutical commodities occupied 45% of total cargo volume with 99.5% on-time delivery performance.
🔹 Middle East Total Air Cargo Capacity 51% Above Pre-Crisis Baseline, General Air Rates Slide to $2.8–3.8/kg (Jun4)
Gulf international airfreight capacity stands 51% above pre-conflict levels supported by 46 newly added weekly intercontinental freighters out of China and Europe. Ordinary general cargo spot prices eased further to $2.8–3.8/kg while priority high-value pharma/electronics cargo holds $5.2–7.2/kg; Asia-Europe air freight dipped 23% month-on-month with full market pricing recovery expected mid-July.
Strait of Hormuz maritime security tensions escalated mid-week pushing daily commercial ship movements down to only 86% below historical average with merely 12–16 vessels passing per day under strict Iranian navigation oversight; around 2,050 vessels including 550 tankers and container liners remain anchored west of the strait. Major global carriers persist with full Cape of Good Hope diversion while Jebel Ali and Dammam ports face prolonged berthing delays over six days due to piled-up diverted cargo.
🔹 Iran Coastal Corridor Navigation Fee Revised to $1.0–1.5M Per Vessel, Yuan Payment Share Climbs to 73% (Jun2)
IRGC-managed Iranian coastal alternative corridor adjusted per-vessel transit fee to USD1.0–1.5 million; yuan-settled payments rose to 73% of total settlement volume. Tanker transits edged up marginally while container liner traffic stays nearly suspended on prohibitive cost and security uncertainty.
🔹 Egypt-Saudi Land Bridge Weekly Throughput Reaches 1,920 TEUs, Average Transit Shortened to 7 Days (May31)
Egypt-Saudi overland multimodal corridor processed 1,920 TEUs weekly via Damietta-Safaga overland haulage toward Gulf ports with transit trimmed to 7 days versus original 39–43 days Cape ocean routing; chilled food and pharmaceutical commodities occupied 45% of total cargo volume with 99.5% on-time delivery performance.
🔹 Middle East Total Air Cargo Capacity 51% Above Pre-Crisis Baseline, General Air Rates Slide to $2.8–3.8/kg (Jun4)
Gulf international airfreight capacity stands 51% above pre-conflict levels supported by 46 newly added weekly intercontinental freighters out of China and Europe. Ordinary general cargo spot prices eased further to $2.8–3.8/kg while priority high-value pharma/electronics cargo holds $5.2–7.2/kg; Asia-Europe air freight dipped 23% month-on-month with full market pricing recovery expected mid-July.
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