Executive Summary
- Marmore's monthly Maritime Dashboard monitors how the ongoing U.S.-Israel-Iran conflict is reshaping shipping routes, port activity, and oil production across the Gulf.
- July 2026 data show the recovery losing some momentum: Hormuz transits eased to 379 ships from 452 in June, and transit trade volume slipped to 13.0 million metric tons from 16.8 million metric tons — still less than 15% of pre-conflict levels.
- Intra-Gulf port dynamics are shifting: Shipping through Jebel Ali, Shuaiba, and Jubail posted gains in July, while Red Sea and southern gateways — Jeddah, Yanbu, and Salalah — recorded declines, suggesting some cargo is re-routing back toward Gulf ports as conditions permit.
