16/06/2026
Logistics Update – Week 25
🚢 Logistics Situation
- Following the latest cease-fire agreement between the US and Iran, several shipping lines have proactively resumed services to key ports across the Middle East.
- For instance, HMM has reopened services to 15 major ports, including Khor Fakkan, Jebel Ali, Abu Dhabi, Ajman, Sharjah, Umm Al Quwain, Ras Al Khaymah, Bahrain, Sohar, Umm Qasr (North 20/27), Shuaiba, Shuwaikh, Dammam, Riyadh, Hamad.
➡️ This is a positive signal for global trade, as the availability of goods in the Middle East has become increasingly constrained. The reopening is expected to support trade flows, especially for Vietnamese agricultural products such as cashew, desiccated coconut, pepper, cinnamon, star anise and ect.
💰 Cost Situation
- Despite the improving logistics outlook, freight rates are not expected to decline significantly in the short term.
- Shipping lines are still applying additional surcharges, including War Risk Surcharge and Q3/2026 Bunker Surcharge, while fuel costs remain relatively high.
🔎 Logistics Outlook
- If the Strait of Hormuz returns to normal operations, Middle East shipping costs could gradually ease due to lower risks, optimized routes, and increased vessel availability.
- Market participants will continue to closely monitor regional developments and their impact on global supply chains.