As of September 3, Drewry’s World Container Index stood at USD 4,465 per 40-foot container, broadly unchanged week on week. Shanghai–Los Angeles and Shanghai–New York rates rose 5% and 3%, respectively, while Shanghai–Rotterdam and Shanghai–Genoa rates fell 5% and 10%, continuing the divergence between Transpacific and Asia–Europe routes. The main ocean freight operating risks this week came from commercial vessel security incidents in the Strait of Hormuz, labour action at German and Dutch ports, and reduced Panama Canal transit slots. These developments affected Middle East maritime security, European port operations and capacity through the Americas gateway.
China
Hong Kong, China
🔹 First Three Solutions Open for Applications under Logistics Technology Funding Scheme
On September 1, the Hong Kong SAR Government announced that applications had opened for the first three pre-approved information technology solutions under the Pilot Scheme on Logistics Technology Promotion Funding. Eligible local third-party logistics service providers may apply for funding to connect to the Port Community System or the Hong Kong International Airport Cargo Data Platform. The government-to-enterprise funding ratio is 2:1, with cumulative funding capped at HKD 2 million per enterprise under the scheme.
Shenzhen, China
🔹 Shenzhen Trade Value Rises 32.8% in the First Seven Months
Data released by Shenzhen Customs on September 3 showed that Shenzhen’s total imports and exports reached CNY 3.42 trillion from January through July 2026, up 32.8% year on year and a record for the period. Exports rose 13.9% to CNY 1.77 trillion, while imports increased 61.9% to CNY 1.65 trillion.
Guangzhou, China
🔹 Nansha International Logistics Centre Cold-Storage Capacity Reaches 227,000 Tonnes
An APEC media delegation visited the Guangzhou Nansha International Logistics Centre on September 3. According to the Guangzhou Port Authority, the centre has 227,000 tonnes of cold-storage capacity and 162 reefer inspection bays, providing integrated inspection, storage, bonded and distribution services.
Shanghai, China
🔹 Shanghai Containerized Freight Index Rises About 2.3% Week on Week
The Shanghai Shipping Exchange reported a Shanghai Containerized Freight Index of 3,590.05 points on September 4, up 80.52 points, or about 2.3%, from 3,509.53 points on August 28.
Tianjin, China
🔹 Tianjin Container Freight Index Rises to 2,008.83 Points
The Tianjin Shipping Index website showed that the Tianjin Container Freight Index reached 2,008.83 points on September 4, up 0.18% from the previous publication day. The reading was also the highest level in the latest ten publication days.
Qingdao, China
🔹 Qingdao Port Container Throughput Rises 7.0% in the First Half
Qingdao Port International Co., Ltd. released its 2026 interim report on August 29. First-half cargo throughput reached 373.14 million tonnes, up 3.2% year on year, while container throughput rose 7.0% to 18.22 million TEUs.
Vietnam
🔹 Hai Phong Port-Area Cargo Throughput Rises 11.74% in the First Eight Months
Vietnam News Agency reported on August 31 that cargo throughput across the Hai Phong port area was estimated at 134.34 million tonnes from January through August 2026, up 11.74% year on year. As capacity at the Lach Huyen port area expanded, Hai Phong established direct deep-sea services to the US West Coast and Europe.
South Korea
Busan, South Korea
🔹 Korea Container Composite Index Rises for a Fifth Consecutive Week
The Korea Ocean Business Corporation’s Korea Container Composite Index reached 4,591 points on August 31, up 85 points, or 1.89%, from the previous week. This marked the fifth consecutive weekly increase.
Incheon, South Korea
🔹 Incheon Port Completes Vessel Operations Linked to Shenzhen and Shanghai
Incheon Port completed operations for several vessels serving Northeast and Southeast Asian routes during the week. Public vessel movement data showed that POS GUANGZHOU arrived from Shenzhen on September 3 and departed on September 4. XIN MING ZHOU 20 arrived from Shanghai on September 3 and departed on September 4.
United States
🔹 Shanghai–US Rates Rise as Panama Canal Reduces Transit Slots
Drewry data showed that, as of September 3, the Shanghai–Los Angeles spot rate rose 5% week on week to USD 7,185 per 40-foot container, while the Shanghai–New York rate increased 3% to USD 9,587. The Panama Canal Authority also reduced transit slots to 34 per day from September 3 and announced a further reduction to 32 per day from September 15.
Bangladesh
🔹 Bangladesh Plans to Receive Ten LNG Cargoes in September
The Bangladesh government said on September 1 that it planned to receive ten liquefied natural gas cargoes in September. Eight cargoes had been confirmed, while procurement for the remaining two was still under way. The figures represent the monthly arrival plan and confirmation status, rather than completed arrivals for all ten cargoes.
Myanmar
🔹 Myanma Port Authority Updates Yangon Port Berthing Lists
The Myanma Port Authority continued to update Yangon Port berthing lists during the reporting period. Public pages published or updated vessel arrival and departure information on August 31, September 3 and September 4.
Middle East: Red Sea and Strait of Hormuz
🔹 UKMTO Reports Tanker Security Incidents in the Strait of Hormuz
On August 31, the United Kingdom Maritime Trade Operations reported that an outbound tanker was struck by three unknown projectiles about 17 nautical miles east of Khasab in the Strait of Hormuz. No casualties or environmental impact were reported. On September 2, UKMTO separately published a delayed and verified report of a tanker security incident that resulted in two casualties and no reported environmental impact. Both incidents remained under investigation.
🔹 MSC Announces Surcharges for East Mediterranean and Black Sea Cargo
On September 3, MSC announced that a Piracy Risk Surcharge and a Suez Canal Surcharge would apply from September 15 to cargo moving from Asia to selected East Mediterranean and Black Sea destinations. The charges are USD 55 per TEU and USD 36 per TEU, respectively, until further notice.
European Market Update
🔹 Labour Action Affects German and Dutch Ports
Hapag-Lloyd issued a notice stating that labour action at German ports would run for 48 hours from 22:00 on September 2. Dutch port workers stopped work in Rotterdam, Amsterdam and Zeeland from 11:15 to 19:00 on September 4. Vessel services including tug operations were affected, and some ships bound for Rotterdam had to wait in the North Sea.
🔹 Shanghai–Europe Rates Decline
Rates from Shanghai to Northern Europe and the Mediterranean declined during the same period. Drewry data showed that, as of September 3, the Shanghai–Rotterdam rate fell 5% week on week to USD 4,092 per 40-foot container, while the Shanghai–Genoa rate dropped 10% to USD 4,368.
Important Notice
The above market information is current through September 4, 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.