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EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 35-2026
📌Weekly Logistics Highlights(August 22–28, 2026)
On August 27, Drewry’s World Container Index fell 1% week on week to USD 4,473 per 40-foot container, while the Intra-Asia Container Index rose 10% to USD 1,199 per 40-foot container.
On August 24, MSC announced the resumption of Suez Canal transits for selected East-West services. On the same day, the United Kingdom Maritime Trade Operations issued reports concerning two attacks on tankers, while the US Department of the Treasury’s Office of Foreign Assets Control issued an alert on sanctions risks related to passage through the Strait of Hormuz.
China
Hong Kong, China
🔹 Hong Kong International Airport Cargo Volume Falls 1.9% Year on Year in July
Data released during the week showed that Hong Kong International Airport handled 422,000 tonnes of cargo in July 2026, down 1.9% year on year. Transshipment cargo increased by 14.5%, imports rose by 2.9%, and exports declined by 8.4%.
Shenzhen, China
🔹 Shenzhen Port Releases July Vessel Pilotage Statistics
On August 25, the Shenzhen Port Pilot Station released its operating statistics for July 2026. Shenzhen Port piloted 2,012 vessels during the month, including 1,825 container vessels, down 13.67% year on year. A total of 15,194 vessels were piloted from January through July, down 2.06%.
Guangzhou, China
🔹 Guangzhou China-Europe Freight Train Carries Small Appliances
On August 27, a Suiman’e China-Europe freight train carrying small appliances and other cargo departed from Guangzhou International Port. The train is scheduled to travel to Europe through the Manzhouli border crossing.
Shanghai, China
🔹 Spot Rates from Shanghai to Major European Ports Decline
On August 27, the Shanghai-Rotterdam spot rate fell 3% week on week to USD 4,287 per 40-foot container. The Shanghai-Genoa rate declined 2% to USD 4,866.
Tianjin, China
🔹 Northern International Container Freight Index Reaches 1,978.29 Points
On August 28, the Tianjin Container Freight Index stood at 1,978.29 points, unchanged from the previous day. The Tianjin-Europe base-port route index increased by 0.12%, while the Tianjin-Eastern Mediterranean route index fell by 0.24%. The Western Mediterranean and US West Coast route indices were unchanged.
Qingdao, China
🔹 Qingdao Port Container Throughput Rises 7.0% in the First Seven Months
According to data released by China’s Ministry of Transport, Qingdao Port handled 448.2 million tonnes of cargo during the first seven months of 2026, up 3.2% year on year. Container throughput reached 20.58 million TEUs, an increase of 7.0%.
Vietnam
🔹 Logistics Digitalization Discussion Focuses on Paper and Electronic Documentation Risks
On August 26, the Ho Chi Minh City Investment and Trade Promotion Centre and the Vietnam International Arbitration Centre held a conference on legal governance for logistics companies. Discussions addressed legal and evidentiary issues arising from the simultaneous use of paper contracts, electronic records and transport documents during logistics digitalization.
South Korea
Busan, South Korea
🔹 Korea Container Composite Index Rises
On August 24, the Korea Ocean Business Corporation’s Korea Container Composite Index reached 4,506 points, up 2.57% from the previous assessment. Rates strengthened on the US West Coast, US East Coast and Middle East routes, while European and Mediterranean routes declined.
Incheon, South Korea
🔹 Incheon Port Completes Vessel Operations Linked to Weihai and Qingdao
Incheon Port’s integrated container information system showed that HANSUNG INCHEON, serving the Weihai connection, completed operations at Incheon on August 25. HONOR PROSPER arrived from Qingdao on August 25 and completed operations before departing on August 26.
United States
🔹 Shanghai-US East Coast Rate Declines While West Coast Rate Remains Stable
On August 27, the Shanghai-New York spot rate fell 2% week on week to USD 9,333 per 40-foot container. The Shanghai-Los Angeles rate was USD 6,818, broadly unchanged from the previous assessment.
Bangladesh
🔹 Maersk Announces Emergency Contingency Surcharge Adjustment for European Routes
On August 24, Maersk announced an adjustment to the Emergency Contingency Surcharge for cargo moving from the Indian Subcontinent, including Bangladesh, to Northern Europe and the Mediterranean. The adjustment applies from a price calculation date of September 1, 2026. The rate for a 40-foot dry container will decrease from USD 5,800 to USD 5,300, while the 40-foot reefer rate will fall from USD 5,400 to USD 4,900. The 20-foot dry-container rate will remain at USD 4,000.
Myanmar
🔹 Myanma Port Authority Releases September Container Vessel Schedule
On August 28, the Myanma Port Authority released its container vessel schedule for September 2026. During the same week, the authority updated the Yangon Port berthing list on August 24, 27 and 28.
Middle East: Red Sea and Strait of Hormuz
🔹 MSC Announces Resumption of Suez Canal Transits for Selected Services
On August 24, MSC announced the resumption of Suez Canal transits for selected East-West services, including certain Asia-Mediterranean, Asia-Northern Europe and India-Mediterranean services. The changes are being introduced by individual service and voyage, with contingency arrangements retained for temporary routing changes.
🔹 Two Tanker Attack Reports Highlight Continuing Maritime Security Risks
Maritime security reports issued on August 24 stated that a tanker near Ash Shishah, Oman, was struck by an unidentified projectile, damaging its engine room and leaving the vessel unable to navigate. A second tanker west of Yanbu, Saudi Arabia, was struck and suffered a fire on its main deck. Both initial reports stated that the crews were safe.
🔹 US Treasury Issues Strait of Hormuz Sanctions Risk Alert
On August 24, the US Department of the Treasury’s Office of Foreign Assets Control issued an alert concerning sanctions risks related to passage through the Strait of Hormuz. The alert stated that transactions or services connected with passage guarantees, including arrangements involving no payment, may still create US sanctions risks.
European Market Update
🔹 Asia-Europe Rates Decline as Selected Services Resume Suez Transits
On August 27, Shanghai-Rotterdam and Shanghai-Genoa spot rates fell 3% and 2% week on week, respectively. On August 24, MSC announced that selected Asia-Mediterranean, Asia-Northern Europe and India-Mediterranean services would resume Suez Canal transits, with implementation determined by service and voyage.
Important Notice
The above market information is current through August 28, 2026. Freight rates, capacity, schedules, port operations and maritime security conditions are subject to change.
Please contact your local EXTRANS GLOBAL team before shipment to confirm the latest arrangements.
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