A record 45 bulk carriers entered the Middle East Gulf in October 2026, representing a 36 percent month-on-month increase despite elevated maritime security risks, according to an analysis published by Lloyd's List.
In total, 84 bulk carriers transited the Strait of Hormuz during the month, marking the highest monthly traffic recorded since regional hostilities escalated.
Chinese-headquartered shipping companies accounted for 29 percent of non-Iranian-linked dry bulker transits through the region. Lloyd's List reported that the surge reflects expanding shipowner confidence, with Chinese operators and alternative tonnage playing an essential role in sustaining bulk trade into Gulf markets.
Sources
- Lloyd's List · 2026-11-11
