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EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 26 -2026
📌 Weekly Logistics Highlights (June 22–26, 2026)
Macro Core Trend: Strait of Hormuz saw partial traffic recovery after full blockade, yet Iran’s lane dispute created new navigation uncertainty; Red Sea Houthi threats persisted with no full Suez resumption; European port strike backlogs cleared partially; Asia-Europe ocean spot rates hit new 24-month peaks; Middle East air cargo capacity stabilized with slight rate softening; China green port & NEV exports maintained robust growth; Korea transshipment volumes stayed at record highs; US pre-tariff import rush tapered off; South Asia inland rail upgrades entered full commercial operation.
China
Hong Kong, China
🔹 HK Green Shipping Fund 10th Batch Construction Kicks Off, 9,300-ton Annual Carbon Cut Target Locked (Jun 23)
All 61 approved projects of the 10th Green Shipping Fund officially broke ground, covering 16 methanol vessel retrofits and 14 shore power upgrades. Upon full completion in Q4 2026, annual carbon reduction will reach 9,300 tons. Cumulative funding disbursement remains HK$6.1B across 124 green projects, with 46 global carriers extending long-term green cooperation to hit Hong Kong’s 2030 carbon neutrality roadmap.
🔹 HKIA Weekly Cargo Edges Up to 581,000 Tons, Pharma Cool Chain Up 44% WoW (Jun 26)
HKIA weekly cargo throughput rose 1.6% WoW to 581,000 tons, driven by SEA-North America tech transshipment and biopharma export season. Temperature-controlled pharmaceutical cargo jumped 44% week-on-week, supported by expanded dedicated cold storage zones. Night freighter slot utilization retained 95%; June peak cargo backlogs fully eliminated, with July booking volumes rising 22% in advance.
All 61 approved projects of the 10th Green Shipping Fund officially broke ground, covering 16 methanol vessel retrofits and 14 shore power upgrades. Upon full completion in Q4 2026, annual carbon reduction will reach 9,300 tons. Cumulative funding disbursement remains HK$6.1B across 124 green projects, with 46 global carriers extending long-term green cooperation to hit Hong Kong’s 2030 carbon neutrality roadmap.
🔹 HKIA Weekly Cargo Edges Up to 581,000 Tons, Pharma Cool Chain Up 44% WoW (Jun 26)
HKIA weekly cargo throughput rose 1.6% WoW to 581,000 tons, driven by SEA-North America tech transshipment and biopharma export season. Temperature-controlled pharmaceutical cargo jumped 44% week-on-week, supported by expanded dedicated cold storage zones. Night freighter slot utilization retained 95%; June peak cargo backlogs fully eliminated, with July booking volumes rising 22% in advance.
Shenzhen, China
🔹 Yantian June Methanol Bunkering Hits 10,200 Tons Full Target, Q2 Carbon Cuts Total 14,600 Tons (Jun 22)
Yantian completed full June methanol bunkering volume of 10,200 tons, operating 26 weekly green fuel vessel calls covering all Asia-Europe and 10 fixed Middle East liners. Cumulative Q2 emissions reduction from March–June green bunkering reached 14,600 tons. Long-term fuel supply agreements locked stable methanol pricing through 2035, consolidating South China’s top green bunkering hub status.
🔹 Shenzhen Q2 Cross-Border E-Commerce Full Volume Up 57% YoY, Middle East Overseas Warehouse Utilization Hits 99% (Jun 25)
Complete Q2 cross-border e-commerce throughput rose 57% YoY, dominated by NEVs, consumer electronics and smart home appliances. Dubai, Riyadh and Kuwait overseas warehouse occupancy climbed to 99% as exporters pre-stocked inventory to bypass Red Sea navigation risks. Shenzhen port full Q2 container throughput grew 33% YoY, export momentum sustained amid global maritime disruptions.
Yantian completed full June methanol bunkering volume of 10,200 tons, operating 26 weekly green fuel vessel calls covering all Asia-Europe and 10 fixed Middle East liners. Cumulative Q2 emissions reduction from March–June green bunkering reached 14,600 tons. Long-term fuel supply agreements locked stable methanol pricing through 2035, consolidating South China’s top green bunkering hub status.
🔹 Shenzhen Q2 Cross-Border E-Commerce Full Volume Up 57% YoY, Middle East Overseas Warehouse Utilization Hits 99% (Jun 25)
Complete Q2 cross-border e-commerce throughput rose 57% YoY, dominated by NEVs, consumer electronics and smart home appliances. Dubai, Riyadh and Kuwait overseas warehouse occupancy climbed to 99% as exporters pre-stocked inventory to bypass Red Sea navigation risks. Shenzhen port full Q2 container throughput grew 33% YoY, export momentum sustained amid global maritime disruptions.
Guangzhou, China
🔹 Nansha Port Mid-Late June NEV Exports Surpass 78,200 Units, 11 Middle East Ro-Ros Maintain Full Load (Jun 24)
Nansha’s 11 weekly Middle East ro-ro services to Jeddah, Dubai, Abu Dhabi, Kuwait and Doha operated at full capacity. Cumulative NEV export volume for June reached 78,200 units; automated vehicle loading systems held average vessel berth time at 4.8 hours. Pearl River Delta EV manufacturing output lifted monthly NEV exports 60% MoM, with Middle East buyers accounting for 44% of auto shipments.
🔹 Baiyun Airport 8 Daily Middle East Freighters Stabilize Air Rates, Cool Chain Premium Flat (Jun 26)
China Southern Cargo and SF Airlines’ 8 daily dedicated Middle East freighters kept regional weekly cargo volume 65% above pre-crisis levels. Electronic components, medical raw materials and finished pharmaceuticals made up 83% of tonnage. General air cargo spot rates stayed $3.5–4.5/kg; high-standard pharmaceutical cool chain freight remained $6.0–8.0/kg with no price hikes.
Nansha’s 11 weekly Middle East ro-ro services to Jeddah, Dubai, Abu Dhabi, Kuwait and Doha operated at full capacity. Cumulative NEV export volume for June reached 78,200 units; automated vehicle loading systems held average vessel berth time at 4.8 hours. Pearl River Delta EV manufacturing output lifted monthly NEV exports 60% MoM, with Middle East buyers accounting for 44% of auto shipments.
🔹 Baiyun Airport 8 Daily Middle East Freighters Stabilize Air Rates, Cool Chain Premium Flat (Jun 26)
China Southern Cargo and SF Airlines’ 8 daily dedicated Middle East freighters kept regional weekly cargo volume 65% above pre-crisis levels. Electronic components, medical raw materials and finished pharmaceuticals made up 83% of tonnage. General air cargo spot rates stayed $3.5–4.5/kg; high-standard pharmaceutical cool chain freight remained $6.0–8.0/kg with no price hikes.
Shanghai, China
🔹 COSCO Cape Route Booking Window Extended to March 2027, War Risk Surcharges Valid Until Mid-October (Jun 23)
COSCO’s 14 Asia-Middle East Cape rerouted lines maintained 99.5% berth utilization, with forward bookings stretching into March 2027. Detour transit times remain 13–16 days longer than pre-conflict Suez routing; Jeddah and Salalah handle 68% of Gulf-bound feeder containers. Surcharge standards unchanged: $1,700–2,200 per 20GP, $3,200–4,200 per 40HC through mid-October 2026.
🔹 Yangshan AI Berth System Monthly Efficiency Up 52% MoM, Vessel Turnaround Stabilized at 17.2 Hours (Jun 25)
Yangshan Deep Water Port’s AI intelligent berth system finished its first full month of full operation across all 42 container berths. Terminal-wide efficiency rose 52% MoM, manual on-site intervention cut to 28%. Predictive equipment maintenance fully deployed; average vessel turnaround of 17.2 hours is 27% faster than China’s national port average.
COSCO’s 14 Asia-Middle East Cape rerouted lines maintained 99.5% berth utilization, with forward bookings stretching into March 2027. Detour transit times remain 13–16 days longer than pre-conflict Suez routing; Jeddah and Salalah handle 68% of Gulf-bound feeder containers. Surcharge standards unchanged: $1,700–2,200 per 20GP, $3,200–4,200 per 40HC through mid-October 2026.
🔹 Yangshan AI Berth System Monthly Efficiency Up 52% MoM, Vessel Turnaround Stabilized at 17.2 Hours (Jun 25)
Yangshan Deep Water Port’s AI intelligent berth system finished its first full month of full operation across all 42 container berths. Terminal-wide efficiency rose 52% MoM, manual on-site intervention cut to 28%. Predictive equipment maintenance fully deployed; average vessel turnaround of 17.2 hours is 27% faster than China’s national port average.
Tianjin, China
🔹 Tianjin Green Corridor Coverage Rises to 69.5%, Q3 70% Target Fully On Track (Jun 26)
Green shipping corridor throughput share climbed to 69.5% of total port volume, with 160 weekly LNG/methanol eco-vessel calls. Sixty new shore power hookups brought total onshore power points to 462; June carbon emissions reduction projected at 9,100 tons. Port authorities confirmed the 70% green corridor coverage target will be delivered in Q3 2026 as scheduled.
🔹 Binhai Airport 13 Weekly Jeddah Freighters Absorb 62% Sea-to-Air Diversions, Auto Parts Remain Core Cargo (Jun 22)
Tianjin Binhai’s 13 weekly B747 freighter rotations to Jeddah deliver stable weekly capacity of 3,500 tons with end-to-end transit capped at 8 hours. Auto spare parts, construction machinery and industrial electronics account for 65% of cargo tonnage. The expanded air route continues handling 62% of Tianjin’s Gulf-bound sea-to-air diverted cargo, easing maritime disruption bottlenecks.
Green shipping corridor throughput share climbed to 69.5% of total port volume, with 160 weekly LNG/methanol eco-vessel calls. Sixty new shore power hookups brought total onshore power points to 462; June carbon emissions reduction projected at 9,100 tons. Port authorities confirmed the 70% green corridor coverage target will be delivered in Q3 2026 as scheduled.
🔹 Binhai Airport 13 Weekly Jeddah Freighters Absorb 62% Sea-to-Air Diversions, Auto Parts Remain Core Cargo (Jun 22)
Tianjin Binhai’s 13 weekly B747 freighter rotations to Jeddah deliver stable weekly capacity of 3,500 tons with end-to-end transit capped at 8 hours. Auto spare parts, construction machinery and industrial electronics account for 65% of cargo tonnage. The expanded air route continues handling 62% of Tianjin’s Gulf-bound sea-to-air diverted cargo, easing maritime disruption bottlenecks.
Qingdao, China
🔹 Qingdao Port Q2 Green Fuel Throughput 3.8x YoY, Weekly Methanol/LNG Bunkering Kept at 41 Calls (Jun 26)
Forty-one weekly green fuel bunkering stops for methanol and LNG vessels supplied over 5,100 tons of clean alternative fuels for the week ending June 26. May cumulative green vessel subsidies reached RMB 8.9 million; Q2 green fuel throughput surged 380% YoY, solidifying Qingdao’s position as North China’s core green fuel distribution hub.
🔹 Qingdao–Osaka 11 Weekly Cargo Flights Lift Seafood Exports 42% MoM, Cold Chain Lanes 100% Utilized (Jun 23)
Qingdao Airlines’ 11 weekly B737-800BCF freighters to Osaka provide 1,650 tons weekly capacity, with exclusive refrigerated lanes for fresh seafood and precision semiconductors. Shandong fresh seafood exports to Japan rose 42% MoM amid seasonal demand, driving steady bilateral air cargo expansion.
Forty-one weekly green fuel bunkering stops for methanol and LNG vessels supplied over 5,100 tons of clean alternative fuels for the week ending June 26. May cumulative green vessel subsidies reached RMB 8.9 million; Q2 green fuel throughput surged 380% YoY, solidifying Qingdao’s position as North China’s core green fuel distribution hub.
🔹 Qingdao–Osaka 11 Weekly Cargo Flights Lift Seafood Exports 42% MoM, Cold Chain Lanes 100% Utilized (Jun 23)
Qingdao Airlines’ 11 weekly B737-800BCF freighters to Osaka provide 1,650 tons weekly capacity, with exclusive refrigerated lanes for fresh seafood and precision semiconductors. Shandong fresh seafood exports to Japan rose 42% MoM amid seasonal demand, driving steady bilateral air cargo expansion.
Vietnam
🔹 Haiphong Full June Early-Mid-Late Throughput Hits 2.61M TEUs, Electronics Exports Up 49% YoY (Jun 25)
Total June container throughput at Haiphong Port reached 2.61 million TEUs, representing 41% YoY growth. US and EU-bound electronics and textile shipments grew 49% YoY. Round-the-clock terminal shifts and streamlined customs clearance kept average container dwell time at 1.5 days, as Vietnam continues capturing global supply chain relocation manufacturing volumes.
🔹 $2B National Logistics Upgrade 40% Complete, Two ICD Construction Progress Steady for Q4 2027 Handover (Jun 24)
Vietnam’s USD 2 billion national logistics infrastructure project remained at 40% overall completion through June 26. Cai Mep ICD expansion and Tan Cang-Moc Bai inland depot construction secured full USD 450 million investment from South Korean and Japanese developers. Both inland terminals will finish construction Q4 2027, targeting a national 15% reduction in aggregate logistics costs by 2030.
Total June container throughput at Haiphong Port reached 2.61 million TEUs, representing 41% YoY growth. US and EU-bound electronics and textile shipments grew 49% YoY. Round-the-clock terminal shifts and streamlined customs clearance kept average container dwell time at 1.5 days, as Vietnam continues capturing global supply chain relocation manufacturing volumes.
🔹 $2B National Logistics Upgrade 40% Complete, Two ICD Construction Progress Steady for Q4 2027 Handover (Jun 24)
Vietnam’s USD 2 billion national logistics infrastructure project remained at 40% overall completion through June 26. Cai Mep ICD expansion and Tan Cang-Moc Bai inland depot construction secured full USD 450 million investment from South Korean and Japanese developers. Both inland terminals will finish construction Q4 2027, targeting a national 15% reduction in aggregate logistics costs by 2030.
South Korea
Busan, South Korea
🔹 Busan Weekly Transshipment Hits Fresh Record 935,000 TEUs, Chip Express Lane Up 62% WoW (Jun 23)
Busan Port set a new weekly transshipment all-time high of 935,000 TEUs, marking 15 consecutive weeks of volume expansion. Twenty-seven additional container gantry cranes and extended terminal shifts eliminated yard congestion. Dedicated semiconductor “Chip Express” throughput retained a 62% week-on-week increase amid global tech inventory restocking cycles.
🔹 Busan AI Logistics System Full Deployment Cuts Vessel Waiting Time 30%, Q1 2027 45% Efficiency Target Confirmed (Jun 26)
Microsoft-backed AI intelligent management platform fully live across Busan’s five core container terminals, slashing vessel anchorage waiting time by 30%. Port authorities formalised the Q1 2027 full optimisation target of 45% overall terminal operational efficiency uplift, with real-time data sync with Incheon Port’s smart logistics platform.
Busan Port set a new weekly transshipment all-time high of 935,000 TEUs, marking 15 consecutive weeks of volume expansion. Twenty-seven additional container gantry cranes and extended terminal shifts eliminated yard congestion. Dedicated semiconductor “Chip Express” throughput retained a 62% week-on-week increase amid global tech inventory restocking cycles.
🔹 Busan AI Logistics System Full Deployment Cuts Vessel Waiting Time 30%, Q1 2027 45% Efficiency Target Confirmed (Jun 26)
Microsoft-backed AI intelligent management platform fully live across Busan’s five core container terminals, slashing vessel anchorage waiting time by 30%. Port authorities formalised the Q1 2027 full optimisation target of 45% overall terminal operational efficiency uplift, with real-time data sync with Incheon Port’s smart logistics platform.
Incheon, South Korea
🔹 Incheon Airport Middle East Air Cargo Sustains 55% WoW Growth, Pharma Cold Chain Capacity +65% MoM (Jun 25)
Eight full-load round-trip dedicated freighters maintained 55% week-on-week growth in Middle East-bound air cargo tonnage; high-value electronics and pharmaceuticals made up 87% of total loads. Post-expansion 5,000 sqm temperature-controlled warehouse lifted monthly pharmaceutical handling capacity by 65%, supporting rerouted sea-to-air medical shipments from Asia to Gulf nations.
🔹 Incheon–Busan Cross-Port Digital Integration 99% Complete, Unified Platform Scheduled Q1 2027 Launch (Jun 22)
Incheon Port’s smart logistics platform cumulatively processed more than 35,000 TEUs across 650 local logistics firms, cutting document processing duration by 72% and lifting supply chain information visibility to 99.8%. Cross-port digital interconnection joint debugging with Busan finished 99%; the unified nationwide Korean port digital operation system will officially launch Q1 2027.
Eight full-load round-trip dedicated freighters maintained 55% week-on-week growth in Middle East-bound air cargo tonnage; high-value electronics and pharmaceuticals made up 87% of total loads. Post-expansion 5,000 sqm temperature-controlled warehouse lifted monthly pharmaceutical handling capacity by 65%, supporting rerouted sea-to-air medical shipments from Asia to Gulf nations.
🔹 Incheon–Busan Cross-Port Digital Integration 99% Complete, Unified Platform Scheduled Q1 2027 Launch (Jun 22)
Incheon Port’s smart logistics platform cumulatively processed more than 35,000 TEUs across 650 local logistics firms, cutting document processing duration by 72% and lifting supply chain information visibility to 99.8%. Cross-port digital interconnection joint debugging with Busan finished 99%; the unified nationwide Korean port digital operation system will officially launch Q1 2027.
United States
🔹 CAPE Tariff Refund First Batch Disbursed June 15, Second Batch Pending Mid-July Release (Jun 24)
U.S. CBP completed the first round of verified CAPE tariff refunds on June 15 for over 132,000 registered importers claiming relief on invalid duties totalling USD 166 billion. The second batch of refunds will be issued mid-July. The White House retained the 180-day review window for temporary 10% supplementary tariffs, with three new Section 301 trade investigations scheduled for official launch early July.
🔹 LA Port Full June Throughput Reaches 2.03M TEUs, Pre-Tariff Import Rush Tapers Off (Jun 26)
Port of Los Angeles recorded full June throughput of 2.03 million TEUs, as importers finished summer retail inventory stocking ahead of July tariff adjustments and rising diesel fuel costs. Automated yard equipment and extended gate hours kept truck turnaround under 50 minutes; rail yard container inventory held steady at 29,500 TEUs with consistent 3-day dwell time. Cargo originating from China accounted for 31% of total port volumes.
U.S. CBP completed the first round of verified CAPE tariff refunds on June 15 for over 132,000 registered importers claiming relief on invalid duties totalling USD 166 billion. The second batch of refunds will be issued mid-July. The White House retained the 180-day review window for temporary 10% supplementary tariffs, with three new Section 301 trade investigations scheduled for official launch early July.
🔹 LA Port Full June Throughput Reaches 2.03M TEUs, Pre-Tariff Import Rush Tapers Off (Jun 26)
Port of Los Angeles recorded full June throughput of 2.03 million TEUs, as importers finished summer retail inventory stocking ahead of July tariff adjustments and rising diesel fuel costs. Automated yard equipment and extended gate hours kept truck turnaround under 50 minutes; rail yard container inventory held steady at 29,500 TEUs with consistent 3-day dwell time. Cargo originating from China accounted for 31% of total port volumes.
Bangladesh
🔹 Chittagong Port Capacity Remains 160% Over Design, New Mooring Terminal Operator Handover Locked Dec 2026 (Jun 23)
Chittagong operated at 160% of engineered handling capacity through late June to meet summer garment export peak demand, with extra quay cranes and overtime shifts deployed. Average container dwell time maintained at 2.3 days. Global operator for the New Mooring Container Terminal confirmed; official asset handover scheduled December 2026, with annual designed capacity of 2.5 million TEUs.
🔹 Dhaka–Chittagong 32 Daily Container Trains Cut Highway Congestion by 40%, Fixed 5-Hour Transit (Jun 25)
Bangladesh Railway’s 32 daily dedicated container trains between Dhaka ICD and Chittagong Port each carry 60 TEUs on a guaranteed 5-hour transit schedule. The inland rail expansion reduced coastal highway freight congestion by 40%, lowering overland logistics costs for domestic garment manufacturers amid peak export shipments.
Chittagong operated at 160% of engineered handling capacity through late June to meet summer garment export peak demand, with extra quay cranes and overtime shifts deployed. Average container dwell time maintained at 2.3 days. Global operator for the New Mooring Container Terminal confirmed; official asset handover scheduled December 2026, with annual designed capacity of 2.5 million TEUs.
🔹 Dhaka–Chittagong 32 Daily Container Trains Cut Highway Congestion by 40%, Fixed 5-Hour Transit (Jun 25)
Bangladesh Railway’s 32 daily dedicated container trains between Dhaka ICD and Chittagong Port each carry 60 TEUs on a guaranteed 5-hour transit schedule. The inland rail expansion reduced coastal highway freight congestion by 40%, lowering overland logistics costs for domestic garment manufacturers amid peak export shipments.
Myanmar
🔹 Yangon Port China Imports Up 61% MoM, Average Customs Clearance Stabilized at 11 Hours (Jun 26)
Yangon Port’s monthly import tonnage from China rose 61% month-on-month, dominated by consumer goods, construction raw materials and electronic spare parts. Simplified four-document verification and bilingual advance declaration systems kept average customs clearance time at 11 hours; all 72 scheduled China-origin container vessels arrived as planned in June, sustaining bilateral cross-border trade recovery.
🔹 Yangon–Mawlamyine 10 Weekly Parcel Trains Prioritise Agricultural Exports; Mandalay–Yangon 12 Daily Night Freight Rotations (Jun 22)
Myanmar Railways ran 10 weekly special parcel trains on the Yangon–Mawlamyine corridor with 300-ton load capacities, prioritising rice, pulses and construction materials to ease daytime road congestion. Twelve daily night freight rotations between Mandalay and Yangon maintained agricultural products as priority cargo to stabilise domestic commodity supply chains.
Yangon Port’s monthly import tonnage from China rose 61% month-on-month, dominated by consumer goods, construction raw materials and electronic spare parts. Simplified four-document verification and bilingual advance declaration systems kept average customs clearance time at 11 hours; all 72 scheduled China-origin container vessels arrived as planned in June, sustaining bilateral cross-border trade recovery.
🔹 Yangon–Mawlamyine 10 Weekly Parcel Trains Prioritise Agricultural Exports; Mandalay–Yangon 12 Daily Night Freight Rotations (Jun 22)
Myanmar Railways ran 10 weekly special parcel trains on the Yangon–Mawlamyine corridor with 300-ton load capacities, prioritising rice, pulses and construction materials to ease daytime road congestion. Twelve daily night freight rotations between Mandalay and Yangon maintained agricultural products as priority cargo to stabilise domestic commodity supply chains.
Middle East: Red Sea & Strait of Hormuz (June 22–26, 2026)
🔹 Strait of Hormuz Partial Traffic Recovery Hit 78 Vessels Single-Day Peak Jun 24; Iran Enforces Exclusive Northern Lane Rule (Jun 26)
After full blockade ending June 20, transit volumes rebounded sharply: 78 vessels crossed the strait on June 24, the highest single-day figure since the June 11 shutdown, with average daily traffic recovering to 57% of pre-conflict levels. However, Iran issued formal warnings on June 25, refusing to recognise the IMO-Oman southern transit channel and mandating all vessels use Iran-controlled northern lanes; 4 oil tankers were forced to reverse course after attempting the southern route, creating new navigation risks. Around 2,100 vessels remain stranded on the Gulf side; major carriers retain Cape rerouting contingency plans, with Jebel Ali and Dammam vessel berthing delays shortened slightly to 7–9 days. War-risk insurance premiums dipped 40% week-on-week amid partial reopening, yet remain 3x pre-crisis levels.
🔹 Red Sea Houthi Blockade Fully Sustained, Suez Canal Container Volume Still Down 90%; Missile Attacks Recur Jun 23 & 25 (Jun 24)
Houthi forces maintained comprehensive Red Sea blockade measures, targeting all vessels linked to Israel regardless of flag, cargo or crew. Two rounds of missile strikes launched on June 23 and 25 suppressed regular Suez Canal container navigation by 90%. Nearly all Asia–Europe and Asia–Mediterranean liners kept Cape detour schedules; Asia-Europe 40HC spot rates surged 25% within this week to hit a 24-month high of $6,000–6,500 per 40HC.
🔹 Egypt–Saudi Land Bridge Weekly Cargo Rises to 2,680 TEUs, 6-Day Transit Beats Cape 40–45 Day Voyage (Jun 23)
Cross-border Egypt–Saudi overland logistics corridor weekly throughput climbed to 2,680 TEUs, moving refrigerated food and pharmaceuticals (48% of total tonnage) via Damietta and Safaga to Gulf terminals. Fixed 6-day transit time drastically outperforms Cape routing’s long voyage; corridor on-time delivery rate held at 99.7%, emerging as the primary high-priority cargo alternative to disrupted maritime lanes.
🔹 Middle East Regional Air Cargo Capacity Plateaus 54% Above Pre-Crisis, General Air Rates Soften to $2.5–3.5/kg (Jun 26)
After weeks of capacity expansion, Middle East intercontinental air freight supply stabilised at 54% above pre-conflict levels, supported by 50 incremental weekly China/Europe freighter rotations. General cargo spot rates stayed $2.5–3.5/kg; high-value electronics and pharmaceutical priority freight retained pricing of $5.0–7.0/kg. Asia–Europe air freight rates fell 25% MoM, with full market balance projected late July 2026.
After full blockade ending June 20, transit volumes rebounded sharply: 78 vessels crossed the strait on June 24, the highest single-day figure since the June 11 shutdown, with average daily traffic recovering to 57% of pre-conflict levels. However, Iran issued formal warnings on June 25, refusing to recognise the IMO-Oman southern transit channel and mandating all vessels use Iran-controlled northern lanes; 4 oil tankers were forced to reverse course after attempting the southern route, creating new navigation risks. Around 2,100 vessels remain stranded on the Gulf side; major carriers retain Cape rerouting contingency plans, with Jebel Ali and Dammam vessel berthing delays shortened slightly to 7–9 days. War-risk insurance premiums dipped 40% week-on-week amid partial reopening, yet remain 3x pre-crisis levels.
🔹 Red Sea Houthi Blockade Fully Sustained, Suez Canal Container Volume Still Down 90%; Missile Attacks Recur Jun 23 & 25 (Jun 24)
Houthi forces maintained comprehensive Red Sea blockade measures, targeting all vessels linked to Israel regardless of flag, cargo or crew. Two rounds of missile strikes launched on June 23 and 25 suppressed regular Suez Canal container navigation by 90%. Nearly all Asia–Europe and Asia–Mediterranean liners kept Cape detour schedules; Asia-Europe 40HC spot rates surged 25% within this week to hit a 24-month high of $6,000–6,500 per 40HC.
🔹 Egypt–Saudi Land Bridge Weekly Cargo Rises to 2,680 TEUs, 6-Day Transit Beats Cape 40–45 Day Voyage (Jun 23)
Cross-border Egypt–Saudi overland logistics corridor weekly throughput climbed to 2,680 TEUs, moving refrigerated food and pharmaceuticals (48% of total tonnage) via Damietta and Safaga to Gulf terminals. Fixed 6-day transit time drastically outperforms Cape routing’s long voyage; corridor on-time delivery rate held at 99.7%, emerging as the primary high-priority cargo alternative to disrupted maritime lanes.
🔹 Middle East Regional Air Cargo Capacity Plateaus 54% Above Pre-Crisis, General Air Rates Soften to $2.5–3.5/kg (Jun 26)
After weeks of capacity expansion, Middle East intercontinental air freight supply stabilised at 54% above pre-conflict levels, supported by 50 incremental weekly China/Europe freighter rotations. General cargo spot rates stayed $2.5–3.5/kg; high-value electronics and pharmaceutical priority freight retained pricing of $5.0–7.0/kg. Asia–Europe air freight rates fell 25% MoM, with full market balance projected late July 2026.
European Port Strike Aftermath (June 22–26)
The June 18–20 labour strikes across Rotterdam, Hamburg, Antwerp and Le Havre created temporary 3–5 day yard backlogs; carriers deployed blank sailings June 21–25 to absorb excess cargo. By June 26, 70% of strike-related vessel backlogs had been cleared, yet terminal gate congestion persisted for refrigerated and ro-ro cargo. Combined Hormuz/Red Sea disruptions plus strike aftershocks kept Asia-Europe ocean rates elevated, with carriers rolling out additional Peak Season Surcharges effective July 1.
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