UAE freight charges set to rise 25% more due to Hormuz closure and container shortage

Freight charges in the UAE and Gulf region have surged tenfold since the Strait of Hormuz closure following the US-Israel-Iran war, with further increases of 25 per cent expected in coming months. A shipment that cost $1,000 before the disruption now costs $10,000–$12,000 and could reach $15,000. For 40-foot containers, rates have climbed from about $2,000 to $7,000–$11,000, a 250–450 per cent increase. Lead times have extended from 25–30 days to 60–90 days, with a war surcharge added on top. Container shortages from China, Italy and other countries are compounding the disruption. Importers are advised to check factory reopening dates after China's Mid-Autumn and National Day breaks to avoid missing critical sailings for Christmas and year-end deliveries. Rates are likely to remain elevated into the fourth quarter, with a potential 5–15 per cent additional rise during peak weeks if fuel and capacity pressures persist.