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
- UAE-China Chamber of Commerce (UECN) · 2026-11-11



