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Shipping capacity is returning to Red Sea while rates from China to Jeddah and Khor al Fakkan break Covid-19 records

“The wider Middle East conflict has impacted two major ocean shipping waterways – the Red Sea and the Strait of Hormuz. They have both been compromised due to the geopolitical situation in the Middle…

  • Red Sea capacity returns with 152% increase in August 2026 vs. last year
  • Strait of Hormuz closed for six months, shippers use Jeddah and Khor al Fakkan
  • Spot rates exceed pre-Covid peaks, record highs in Gulf shipping costs

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