Tankers are visible on the Khor Fakkan container terminal, the only natural deep port in the region and one of the main ports of the containers in Emirate Sharjah, along the Hormuz Strait, a waterway, through which one fifth global global oil output power goes on June 23, 2025.
Giuseppe Cacace AFP Getty images
Ocean French rates for the Khon Fakkan port in the United Arab Emirates are growing Israel is still attacking Iran and Iran informed The first attack on American military basesAfter the weekend he saw Uses Iranian nuclear goals.
The stakes from Shanghai to Khor Fakkan, which is located on the Zea Indian Ocean coast, increased by 76% compared to mid -May, in accordance with the spot Ocean Freight tracked by the Freight Intelligence Platform Xeneta platform. The average spot rates reached USD 3,341 per unit equivalent to forty feet (Feu.)
The Khor Fakkan port is outside the Hormuz Strait. Due to its location, the port is considered one of the most important transport centers for the Arab Bay, the Indian subcontinent, the bay of Oman and the markets of East Africa.
“The introduction of forwarders in the region acted cautiously because the level of risk gradually increased,” said Peter Sand, the chief mail order analyst at Xeneta. “In recent months, broadcasters have charged the charge to strengthen the supply chain from negative interference to the flow of container goods.”
According to Vesseldinder, the Khor Fakkan port had 81 ships, and 51 ships will arrive in the next 30 days.
The conflict in the Middle East has Increased threats to the safety of the shipwhich added to operating costs. Ships also move faster, which causes more fuel, which also increases costs.
Iran parliament voted in favor of confirming the closing of the Hormuz Strait According to many experts on Sunday, but may not go through the movement. According to Ambrey Ambrey, it is expected to direct ships to attack or rob an attack as part of his retaliation plans, including ships showing public affiliation to the USA.
One main tanker operator, Frontline, recently said that he would not accept any new contracts requiring travel in the Hormuz Strait.
. Oil market Trade was lower on Monday and stock market The reaction to escalation in the conflict has been muted. But Sand said that the spread of ocean freight indicators is a leading risk and uncertainty indicator. The higher the spread, the greater the indication of market variability and potential risk to forwarders. “In such times the spread on the market expands,” said Sand.
Broadcasters with a more urgent need to transfer goods to protect supply chains pay higher prices and subsidies, which are pushed by ocean carriers. Usually, this is a smaller situation forwarders with less negotiating force to make sure that their goods are transferred. Larger forwarders have more negotiating strength and can push away with carriers requiring high rates. This difference in negotiating strength leads to a broader spread of shipping rates at different ends of the freight market.
According to Xeneta, this spread is an increase from 50 to USD 1,101 in the last 40 days (May 14 to June 23).
“Spread shows the difference between what smaller forwarders, those without high negotiating force, and the freighs paid for by larger and stronger forwarders,” he said.
