Baltic tanker FFA curve suggests VLCC rates party may be ending soon
Futures market in backwardation, with drop expected as soon as April
Baltic tanker FFA curve suggests VLCC rates party may be ending soon Read More »
March 2026
Maritime Insurance Surges as Iran Conflict Expands
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by more than 1000% — dramatically driving up the cost of moving energy through a critical maritime corridor.The conflagration sparked by Satu…
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CMA CGM’s fourth-quarter profit wiped out as Middle East threatens 2026
Red Sea crucial to market balance and freight rates this year
CMA CGM’s fourth-quarter profit wiped out as Middle East threatens 2026 Read More »
Asian Oil Refineries, Petrochemicals Cut Runs as MidEast Conflict Escalates
Several Asian refineries and petrochemical companies were forced to cut runs and declare force majeure as the U.S.-Israel war on Iran disrupted crude and feedstock exports from the Middle East.Asian steam crackers, which source more than 60% of their n…
Asian Oil Refineries, Petrochemicals Cut Runs as MidEast Conflict Escalates Read More »
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs
Charterers were still paying more for large bulker tonnage
Capesize spot earnings plunge 24% in three days as Middle East war props up bunker costs Read More »