{"id":7877,"date":"2026-11-10T18:00:31","date_gmt":"2026-11-10T15:00:31","guid":{"rendered":"https:\/\/mikhailinvest.com\/cargo-surge-and-port-congestion-send-far-east-middle-east-rates-climbing\/"},"modified":"2026-11-10T18:00:31","modified_gmt":"2026-11-10T15:00:31","slug":"cargo-surge-and-port-congestion-send-far-east-middle-east-rates-climbing","status":"publish","type":"post","link":"https:\/\/mikhailinvest.com\/ru\/cargo-surge-and-port-congestion-send-far-east-middle-east-rates-climbing\/","title":{"rendered":"Cargo surge and port congestion send Far East\u2013Middle East rates climbing"},"content":{"rendered":"
\"dreamstime_xs_267841552\"\n

\u0418\u0414\u0415\u041d\u0422\u0418\u0424\u0418\u041a\u0410\u0422\u041e\u0420 267841552<\/a> \u00a9
\nEugenesergeev<\/a> | Dreamstime.com<\/a><\/p>\n<\/div>\n

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

Freight rates from Asia to Gulf economies trapped behind the straits of Hormuz hit unprecedented highs during this year\u2019s peak season as importers rushed to get cargo into the region, prompting another wave of port congestion.<\/p>\n

According to new data from Container Trades Statistics (CTS), prices on its Far East-Middle East & Indian subcontinent corridor showed the highest growth in freight rates of any major lane in container shipping so far this year.<\/p>\n

\u201cIt\u2019ll be no surprise that the big price index increase is Asia to India and the Middle East, where the index is up 250% since the beginning of the year and 25% month-on-month \u2013 so September\u2019s seen a resurgence of the price there and we\u2019re seeing some very strong prices,\u201d CTS chief executive Nigel Pusey tells \u041b\u043e\u0434\u0441\u0442\u0430\u0440<\/em> podcast<\/a> \u0441\u0435\u0433\u043e\u0434\u043d\u044f.<\/p>\n

The last pricing data came after volumes on the route rebounded during September for the first time since the onset of conflict in the region.<\/p>\n

\u201cFrom Greater China to the Middle East, September was a bit of a boom month of volumes \u2013 China to Middle East was actually above this time last year for the first time since January and February.<\/p>\n

\u201cI suspect that will fall back, but what has just kept forcing its way through to the top is the price they\u2019re paying to achieve it. We are now at a price index from Greater China to Middle East of 392, which is up 250% on the beginning of the year.<\/p>\n

\"Asia-Middle<\/a>\n

\u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: \u0421\u0442\u0430\u0442\u0438\u0441\u0442\u0438\u043a\u0430 \u043a\u043e\u043d\u0442\u0435\u0439\u043d\u0435\u0440\u043d\u044b\u0445 \u043f\u0435\u0440\u0435\u0432\u043e\u0437\u043e\u043a<\/p>\n<\/div>\n

\u201cWe have a month-on-month increase of 15.5%, despite the fact that year-to-date volumes are down 12%.<\/p>\n

\u201cSo, at the moment, what we\u2019ve seen is a surge of cargo in late August, early September with prices to match, although I think that will drop off in October because the attacks did come back in that early part of the month.<\/p>\n

\"Asia-Middle<\/a>\n

\u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: \u0421\u0442\u0430\u0442\u0438\u0441\u0442\u0438\u043a\u0430 \u043a\u043e\u043d\u0442\u0435\u0439\u043d\u0435\u0440\u043d\u044b\u0445 \u043f\u0435\u0440\u0435\u0432\u043e\u0437\u043e\u043a<\/p>\n<\/div>\n

According to the latest spot rate data as per the Shanghai Containerised Freight index (SCFI), freight rates appear to have hit a ceiling of $6,500 per 40ft on the SCFI\u2019s Shanghai-Dubai leg and held at that level throughout October.<\/p>\n

However, that is some 300% up on the $1,630 per 40ft recorded at the end of October 2025.<\/p>\n

Meanwhile, the September surge has created some port congestion in the region, particularly at the two main ports immediately outside Hormuz \u2013 Fujairah and Khor Fakkan \u2013 which have acted as the chief landbridge gateways for GCC importers.<\/p>\n

Linerlytica reported last week that MSC had included a call at Khor Fakkan on a new Far East-Middle East service deploying 24,000 teu ships, \u201cdespite severe berthing delays\u201d.<\/p>\n

\u201cPort congestion at Middle East ports has surged to a record high,\u201d Linerlytica added, and Mr Pusey said he expected to see liner networks flex to cope with the congestion.<\/p>\n

\u201cI think there\u2019ll be some deviations. I\u2019ve noticed one or two lines have stopped even serving cargo into Khor Fakkan and the Fujairah, which suggests that the place is getting very congested because people are trying to rush cargo through,\u201d he told \u041b\u043e\u0434\u0441\u0442\u0430\u0440.<\/em><\/p>\n

\u201cThey\u2019re now saying, \u2018Well, we\u2019re going to stop bookings whilst we just take a bit of a breather\u2019, and I don\u2019t usually use my crystal ball too much, but I\u2019m pretty sure that\u2019s what\u2019s going to happen in October and early November.\u201d<\/p>\n

In general, the use of Khor Fakkan over Fujairah has divided the liner industry into two broad camps \u2013 with MSC and the Gemini partners Maersk and Hapag-Lloyd opting for the former, while CMA CGM and its Ocean Alliance partners have their services concentrated in Fujairah, with both ports hosting increasing numbers of smaller Asian and Middle East regional carriers\u2019 services.<\/p>\n

Meanwhile, Maersk said shippers were returning to using the Saudi Red Sea port of Jeddah as an alternative gateway to Gulf destinations.<\/p>\n

\u201cUse of the Saudi Landbridge increased during October as evolving conditions at Khor Fakkan and disruption linked to the Strait of Hormuz led customers to explore alternative routings into Saudi Arabia and the wider Gulf,\u201d a Maersk statement said.<\/p>\n

\u201cInterest is expected to continue into November, particularly when customers are seeking to reduce exposure to disruptions affecting port and shipping connections\u201d it added.<\/p>\n

\u201cThe trend also highlights the value of coordinating ocean and landside planning across customer\u2019s chosen service providers.<\/p>\n

\u201cHowever, capacity, border processing and onward delivery requirements should be confirmed for each shipment before routing decisions are finalized.\u201d<\/p>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

ID 267841552 \u00a9 Eugenesergeev | Dreamstime.com 10 November 2026 Freight rates from Asia to Gulf economies trapped behind the straits of Hormuz hit unprecedented highs during this year\u2019s peak season as importers rushed to get cargo into the region, prompting another wave of port congestion. According to new data from Container Trades Statistics (CTS), prices 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267841552 \u00a9 Eugenesergeev | Dreamstime.com 10 November 2026 Freight rates from Asia to Gulf economies trapped behind the straits of Hormuz hit unprecedented highs during this year\u2019s peak season as importers rushed to get cargo into the region, prompting another wave of port congestion. According to new data from Container Trades Statistics (CTS), prices…","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phf4fX-233","jetpack_featured_media_url":"https:\/\/mikhailinvest.com\/wp-content\/uploads\/2026\/11\/f1c7badd933711137199a5cc71851478-680x0-c-default-iJS5ka.jpg","_links":{"self":[{"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/posts\/7877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/users\/280549882"}],"replies":[{"embeddable":true,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/comments?post=7877"}],"version-history":[{"count":0,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/posts\/7877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/media\/7878"}],"wp:attachment":[{"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/media?parent=7877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/categories?post=7877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mikhailinvest.com\/ru\/wp-json\/wp\/v2\/tags?post=7877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}