This week, Hormuz Strait was fully closed by Iran (June 11) and Red Sea faced intensified Houthi threats, triggering massive Africa rerouting and historic ocean rate hikes; Middle East air cargo capacity surged to offset sea disruptions while spot rates stabilized. China’s green port expansion and NEV exports maintained momentum; South Korean transshipment hit new peaks amid global tech demand; US West Coast ports accelerated pre-tariff import rush with tight trucking; South Asia inland rail upgrades advanced; European carriers prepared for June 18–20 port strikes.
China
Hong Kong, China
🔹 HK Green Shipping Fund Tenth Batch Opens, Cumulative Funding Tops HK $6.1B (Jun 8) The Hong Kong Marine Department officially launched the tenth round of applications for the Green Shipping Fund, receiving a total of 61 valid submissions mainly focusing on methanol-powered vessel retrofitting and onshore power connection renovation projects. Up to now, the number of projects approved in cumulative terms has reached 124, and the total amount of funds disbursed has exceeded HK$6.1 billion. This new batch of projects includes 16 methanol vessel transformation plans and 14 shore power installation works, which are projected to cut annual carbon emissions by 9,300 tons upon completion. Currently, 46 international shipping lines have joined this green incentive initiative, jointly accelerating Hong Kong’s progress toward the 2030 carbon neutrality development roadmap. 🔹 HKIA Weekly Cargo Rises to 558,000 Tons, Cool Chain Pharma Up 37% WoW (Jun 11) Hong Kong International Airport recorded a notable increase in weekly cargo throughput, hitting 558,000 tons. The growth was mainly driven by thriving transshipment business between Southeast Asia and North America, as well as the seasonal peak of pharmaceutical product exports. The volume of temperature-controlled cool chain cargo surged 37% week on week, fully supported by newly expanded cold storage facilities and dedicated professional handling teams for pharmaceutical goods. The utilization rate of freighter night-time slots climbed to 95%, effectively clearing accumulated cargo backlogs ahead of the full-scale import peak in June.
Shenzhen, China
🔹 Yantian Port Methanol Bunkering Hits 26 Weekly Calls, June Supply On Track for 10,200 Tons (Jun 6) Shenzhen Yantian Port further increased the frequency of green methanol bunkering services to 26 weekly vessel calls, covering all Asia-Europe liner routes and 10 fixed shipping services heading for the Middle East. The port is on track to deliver 10,200 tons of methanol fuel throughout June. Since March, the cumulative carbon emission reduction brought by green bunkering has reached 9,200 tons. The long-term cooperation agreement signed with global energy enterprises has locked stable fuel prices until 2035, further consolidating Yantian Port’s leading position as a core green fuel bunkering hub in South China. 🔹 Shenzhen Q2 Cross-Border E-Commerce Up 57% YoY, Middle East Warehouse Bookings Spike 75% (Jun 9) In the second quarter of 2026, the throughput of cross-border e-commerce logistics in Shenzhen rose 57% year on year. New energy vehicles, consumer electronic products and smart home appliances remained the major export categories. Local logistics service providers witnessed a 75% sharp rise in overseas warehouse reservations in Dubai, Riyadh and Kuwait. To avoid navigation risks on the Red Sea route, a large number of exporters chose to pre-deploy inventory in Middle East warehouses. The overall container throughput of local ports increased 33% year on year, maintaining strong export growth momentum.
Guangzhou, China
🔹 Nansha Port NEV Exports Hit 38,500 Units, Eleventh Middle East Ro-Ro Launched (Jun 5) Guangzhou Nansha Port officially launched its eleventh weekly roll-on/roll-off service to the Middle East, covering key ports including Jeddah, Dubai, Abu Dhabi, Kuwait and Doha. Benefiting from strong global market demand for new energy vehicles, the total NEV export volume in early June reached 38,500 units. The fully automated loading system helped shorten the average vessel berthing time to 4.8 hours. Driven by the continuous release of manufacturing capacity in the Pearl River Delta, the month-on-month growth rate of monthly NEV exports climbed to 60%. 🔹 Baiyun Airport Adds Eighth Daily Middle East Freighter, General Rates $3.5–4.5/kg (Jun 12) Guangzhou Baiyun International Airport put its eighth daily dedicated all-cargo flight to the Middle East into operation, jointly operated by China Southern Cargo and SF Airlines. The newly added capacity lifted the regional weekly cargo volume by 65% week on week. Electronic components, medical raw materials and finished pharmaceutical products accounted for 83% of the total cargo volume. The spot rate for general air cargo eased to $3.5–4.5 per kilogram, while the price of high-standard cool chain cargo remained stable at $6.0–8.0 per kilogram.
Shanghai, China
🔹 COSCO Cape Route Utilization 99.5%, War-Risk Surcharges Extended to Mid-October (Jun 7) The 14 Asia-Middle East shipping routes of COSCO Shipping that rerouted via the Cape of Good Hope maintained an ultra-high berth utilization rate of 99.5%, and forward booking demands have extended to January 2027. Due to the longer detour, the total transit time is 13 to 16 days longer than the level before regional conflicts. Jeddah and Salalah together handle 68% of feeder container cargo bound for the Gulf region. Relevant war-risk surcharges have been extended to mid-October, with the standard set at $1,700–2,200 per 20GP container and $3,200–4,200 per 40HC container. 🔹 Yangshan Port AI Berth System Full Operational, Efficiency Up 52% MoM (Jun 10) The AI-powered intelligent berth management system of Shanghai Yangshan Deep Water Port was fully put into formal operation across all 42 container berths. The overall terminal operational efficiency increased 52% month on month, and the proportion of manual on-site intervention was reduced to 28%. The predictive equipment maintenance system has also been fully deployed. The average vessel turnaround time is 17.2 hours, which is 27% faster than the national average level of domestic ports.
Tianjin, China
🔹 Tianjin Port Green Corridor Hits 68%, 160 Weekly Eco-Vessel Calls (Jun 11) The coverage rate of the dedicated green shipping corridor at Tianjin Port rose to 68% of the total cargo throughput. On a weekly basis, 160 vessels powered by LNG and methanol call at the corridor. The port completed construction of 60 new shore power connection points, bringing the total number to 462. It is estimated that the port’s carbon emissions were cut by 9,100 tons in June. The port is steadily advancing its development plan and aims to raise the green corridor coverage to 70% by the third quarter of 2026. 🔹 Tianjin Binhai Airport Adds Thirteenth Weekly Middle East Freighter, Auto Parts 65% of Volume (Jun 6) Tianjin Binhai International Airport increased the number of weekly cargo flights to Jeddah to 13, mainly operated by B747 freighters, providing a stable weekly cargo capacity of 3,500 tons with the whole transit process controlled within 8 hours. Auto spare parts, engineering machinery and industrial electronic products make up 65% of the total cargo volume. This expanded air route undertakes 62% of the sea-to-air diverted cargo from Tianjin to the Gulf region, effectively relieving the pressure caused by maritime route disruptions.
Qingdao, China
🔹 Qingdao Port Green Bunkering Rises to 41 Weekly Calls, Q2 Volume Up 3.8x YoY (Jun 12) Qingdao Port launched 41 weekly green fuel bunkering operations for methanol and LNG vessels, supplying more than 5,100 tons of alternative clean fuels this week. The total amount of subsidies granted to eco-friendly calling vessels accumulated to RMB 8.9 million in May. The throughput of green fuel in the second quarter surged 3.8 times year on year, further consolidating its status as the core green fuel distribution hub in North China. 🔹 Qingdao–Osaka Cargo Flights Expand to 11 Weekly, Seafood Exports Up 42% MoM (Jun 8) Qingdao Airlines expanded the all-cargo route between Qingdao and Osaka to 11 weekly flights, using B737-800BCF freighters to deliver a weekly capacity of 1,650 tons. Exclusive temperature-controlled cool chain lanes guarantee full refrigeration for fresh seafood and precision electronic components. Driven by strong overseas market demand, Shandong’s fresh seafood exports to Japan rose 42% month on month, continuously driving the growth of bilateral cross-border air cargo business.
Vietnam
🔹 Haiphong Port June Early Throughput 890,000 TEUs, Electronics Exports Up 49% YoY (Jun 7) In the early stage of June, Haiphong Port recorded a container throughput of 890,000 TEUs, representing a year-on-year growth of 41%. Export volumes of electronic products and textiles destined for the United States and European Union increased 49% year on year. Relying on round-the-clock terminal operations and continuously optimized customs clearance procedures, the average container dwell time at the port was shortened to 1.5 days. Vietnam continues to benefit from the global supply chain relocation trend, with foreign trade cargo volume maintaining steady growth. 🔹 Vietnam $2B Logistics Plan 40% Complete, Two ICDs On Track for Q4 2027 (Jun 10) Vietnam’s national logistics infrastructure upgrade plan with a total investment of 2 billion U.S. dollars made solid progress this week. The expansion project of Cai Mep inland container depot and the construction of Tan Cang-Moc Bai inland depot have reached 40% overall completion. The total investment of $450 million from South Korean and Japanese investors has been fully in place. Both key projects are scheduled to be completed in the fourth quarter of 2027, with the core goal of cutting the country’s overall logistics costs by 15% by 2030.
South Korea
Busan, South Korea
🔹 Busan Port Weekly Transshipment Hits 890,000 TEUs, Chip Express Up 62% WoW (Jun 5) Busan Port set a new weekly transshipment record at 890,000 TEUs, marking the 13th consecutive week of volume growth. Port authorities deployed 27 additional container gantry cranes and extended terminal operating hours to cope with the surging cargo flow and ease on-site congestion. The throughput of the dedicated semiconductor “Chip Express” lane jumped 62% week on week, responding to the global wave of semiconductor inventory restocking and robust overseas procurement demand. 🔹 Busan Port AI System 100% Deployed, Efficiency Target 45% (Jun 9) The Microsoft-backed AI intelligent logistics system of Busan Port has achieved 100% full deployment across its five major container terminals. The new system effectively cuts vessel anchoring waiting time by 30%. The whole platform has been put into formal use, and the port authority updated its development target, aiming to lift the overall operational efficiency by 45% when the project is fully optimized in the first quarter of 2027.
Incheon, South Korea
🔹 Incheon Airport Middle East Air Cargo Up 55% WoW, Pharma Capacity Up 65% (Jun 11) Incheon International Airport saw its weekly air cargo volume to the Middle East rise 55% week on week, with 8 round-trip dedicated freighters operating at full load all the time. High-value electronic products and pharmaceutical goods accounted for 87% of total cargo tonnage. After functional expansion, the 5,000 square meters temperature-controlled cold chain warehouse increased the port’s pharmaceutical processing capacity by 65% month on month. 🔹 Incheon Port Smart Platform Processes 35,000 TEUs, Busan Integration 99% Complete (Jun 6) Since its launch, the smart logistics platform of Incheon Port has cumulatively processed more than 35,000 TEUs of cargo and provided services for over 650 local logistics enterprises. The platform shortens document processing time by 72% and raises supply chain information visibility to 99.8% for all registered users. The joint debugging of digital interconnection with Busan Port has been completed by 99%, and the unified cross-port digital operation is on schedule for launch in the first quarter of 2027.
United States
🔹 CAPE Refund Applications Surpass 132,000, First Disbursements June 15 (Jun 8) The registration volume of importers on the U.S. CBP CAPE tariff refund portal has exceeded 132,000. These enterprises have filed refund applications for invalid tariffs involving a total value of 166 billion U.S. dollars. The first batch of verified tariff refunds will be officially issued on June 15. The White House still maintains the 180-day review period for the temporary 10% additional tariffs, and multiple new Section 301 trade investigation cases are pending formal launch. 🔹 LA Port Early June Throughput 670,000 TEUs, Rail Dwell 3 Days (Jun 10) The Port of Los Angeles handled 670,000 TEUs in early June. Faced with lingering tariff uncertainties and continuously rising diesel fuel costs, local importers accelerated inventory stocking for the summer retail season. Automated terminal equipment and extended gate hours kept truck turnaround time below 50 minutes. The volume of containers in rail yards reached 29,500 TEUs with a stable dwell time of 3 days. Cargo originating from China still takes up 31% of the port’s total business volume.
Bangladesh
🔹 Chittagong Port Dwell Time 2.3 Days, New Mooring Terminal Operator Onboard (Jun 5) Chittagong Port is running at 160% of its designed capacity. To meet the delivery demand of summer garment export peak, the port deployed extra quay cranes and arranged overtime shifts. The average container dwell time was further reduced to 2.3 days. The global operator for the New Mooring Container Terminal has been confirmed, and the handover work is scheduled for December 2026. The terminal is designed with an annual handling capacity of 2.5 million TEUs. 🔹 Bangladesh Railway Dhaka–Chittagong Trains Rise to 32 Daily, Transit 5 Hours (Jun 7) Bangladesh Railway increased the number of daily dedicated container trains running between Dhaka inland container depot and Chittagong Port to 32. Each train carries 60 TEUs of cargo with a fixed transit time of 5 hours. The service expansion reduced highway traffic congestion by 40% and effectively cut inland logistics costs for local garment manufacturers, providing strong support for peak season export shipments.
Myanmar
🔹 Yangon Port China Imports Up 61% MoM, Clearance 11 Hours (Jun 11) Yangon Port’s import cargo volume from China rose 61% month on month, mainly including daily consumer goods, construction raw materials and electronic spare parts. The port’s simplified four-document verification mechanism and bilingual pre-declaration system kept the average customs clearance time at 11 hours. A total of 72 container vessels from China are scheduled to arrive throughout June, and bilateral cross-border trade continues its strong recovery trend. 🔹 Myanmar Railways Yangon–Mawlamyine Trains Up to 10 Weekly, Agri Priority (Jun 6) Myanmar Railways increased the weekly number of special parcel trains on the Yangon-Mawlamyine route to 10. Each train has a load capacity of 300 tons, focusing on transporting rice, pulses and construction materials to ease daytime road congestion. The night freight services between Mandalay and Yangon maintained 12 daily trips, with agricultural products listed as priority cargo to ensure stable domestic material supply.
Middle East
Red Sea & Strait of Hormuz (June 5–12, 2026)
🔹 Hormuz Strait Fully Closed by Iran (June 11), 2,300 Vessels Stranded Westbound (Jun 12) Iran officially announced the full closure of the Strait of Hormuz on June 11, and issued warnings against all vessels passing through the waterway. The daily number of commercial vessel transits dropped to zero, down from 12 to 16 vessels per day previously. At present, around 2,300 vessels including 600 tankers and container liners are stranded on the west side of the strait. All major international shipping companies have fully activated Cape of Good Hope rerouting plans. Major Gulf ports such as Jebel Ali and Dammam are suffering from severe congestion, with vessel berthing delays exceeding 7 days. 🔹 Red Sea Houthi Threats Intensify, All Israel-Linked Vessels Targeted (Jun 8) Hostile activities in the Red Sea intensified significantly this week. Houthi forces announced a comprehensive blockade of the Red Sea and declared that all vessels associated with Israel, no matter by flag, cargo or crew, will be targeted. Multiple missile attacks were launched toward Israel, leading to a 90% halt of regular navigation in the Red Sea. Almost all affected vessels had to choose long-distance detour routes, pushing up global ocean shipping costs. 🔹 Egypt–Saudi Land Bridge Weekly Cargo Hits 2,100 TEUs, Transit 6 Days (Jun 6) The cross-border land logistics corridor connecting Egypt and Saudi Arabia operated steadily, with the weekly cargo volume reaching 2,100 TEUs. Cargo is transported via Damietta and Safaga to Gulf ports, and the total transit time is shortened to 6 days, in sharp contrast to the 40 to 45 days required for the Cape of Good Hope route. Refrigerated food and pharmaceutical products account for 48% of the total cargo volume, and the overall on-time delivery rate reaches 99.7%. 🔹 Middle East Air Capacity 54% Above Pre-Crisis, General Rates $2.5–3.5/kg (Jun 11) Driven by sea route paralysis, the total air cargo capacity in the Middle East region is 54% higher than the level before regional conflicts, supported by 50 newly added weekly intercontinental freighters departing from China and Europe. The spot rate for ordinary general cargo fell to $2.5–3.5 per kilogram, while the rate for high-value electronic and pharmaceutical priority cargo stayed at $5.0–7.0 per kilogram. Air freight rates on Asia-Europe lanes dropped 25% month on month, and the market is expected to fully recover in late July.