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Gulf Bulker Traffic Hits Conflict-Era High Led by Chinese Shipping Operators

A record 45 dry bulk carriers entered the Arabian Gulf in October 2026, marking a 36 percent month-on-month increase despite regional security concerns. Chinese shipping companies accounted for 29 percent of non-Iranian-linked dry bulk transits through the Strait of Hormuz. UAE and GCC industrial importers are increasingly relying on Chinese tonnage to secure raw material supplies.

Illustration: A large commercial dry bulk carrier navigating through calm waters near the Strait of Hormuz at dawn, industrial coastline visible on th
Illustration

A record 45 dry bulk carriers entered the Arabian Gulf in October 2026, marking a 36 percent increase month-on-month despite heightened regional maritime risks, according to data from Lloyd's List.

In total, 84 bulk carriers transited the Strait of Hormuz during October, establishing the highest monthly volume recorded since regional hostilities escalated.

Chinese-headquartered shipping companies accounted for 29 percent of all non-Iranian-linked dry bulk vessel transits through the waterway, reflecting expanding confidence and the mobilization of alternative tonnage.

Lloyd's List reported that UAE and GCC industrial importers have increasingly turned to Chinese maritime routes and operators to maintain steady supplies of raw materials into Gulf markets.

Sources

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