Flash Update 07/06/2026

Dear Customers,
We are pleased to share the latest Air & Sea Flash Market Update,
This update highlights the ongoing effects of the Hormuz disruption and its ripple impact across global supply chains.
 
We are right in the middle of peak season, we’re seeing a scenario where fuel and bunker prices remain elevated, coupled with significant port congestion in Asia.
These factors have combined to drive abnormal rate increases in recent weeks for both ocean freight and certain airfreight corridors.
  
Bunker / Jett Fuel Market Developments
Fuel costs have surged rapidly following Middle East disruption, with pricing still lagging the cost increase, Global jet fuel supply remains structurally imbalanced, with the European region more exposed to Jet fuel supply. Europe is facing tightening supply due to reduced imports, increasing reliance on alternative sources
Inventories are declining and could reach critical levels within 40–50 days if the current trend continues.
 
Ocean Freight Market Update

• Rates have surged significantly, with SCFI up +104% since the start of the US–Iran conflict
• Asia–Europe and Latin America trades are significantly above last year levels, while US trades remain below prior peaks but have experience large increases in the last weeks
• All East-West trades are running with high utilization levels, being Asian to Mediterranean and Asia to US East coast the trades with less space available, carriers are cutting allocation to most of contracts leaving to the spot prices exposure
• Port congestion remains high, particularly in Asia, contributing to further delays and capacity constraints
• Carrier behaviour (blank sailings, rerouting, capacity reallocation) continues to support elevated rate levels, that can move to Q3  

 
Airfreight Market Update

• Airfreight rates remain elevated at ~USD 3.44/kg, +41% YoY, with strong pricing across key trade lanes
• Market is tightening due to slightly reduced capacity and stable demand, improving load factors
• Pricing is no longer accelerating at the same pace but remains firm due to structural constraints
• Asia continues to drive global demand growth, while disruption in the Middle East supports elevated rates on affected corridors

Our DSV teams remain at your disposal for any inquiry or request.

For additional information, please contact us at info@il.dsv.com

DSV ISRAEL