Ten weeks into the war with Iran, the Strait of Hormuz remains largely closed. The ceasefire is officially holding, but occasional attacks on ships and installations continue. A difficult question is coming into focus: what if the strait never fully re…
A new toll on global energy: Can Iran permanently control the Strait of Hormuz? Read More »
Tanker rates remained elevated during the month of April, but mostly lower from their earlier record highs, OPEC, said in its latest monthly report. In April, trade disruptions continued to impact dirty tanker spot freight rates. While price assessment…
Tanker Market: Rates Remained Elevated in April Read More »
The global shipping market is navigating Q2 2026 under the ongoing weight of an unprecedented geopolitical shock. The de facto closure of the Strait of Hormuz, now entering its third month, has fundamentally reshaped trade flows and earnings dynamics a…
Shipping Market Outlook: Q2 2026 Read More »
While the world’s attention is today fixed on the return of protectionist duties, a more surreptitious and costly shift is undermining the global trade landscape. According to the latest Global Trade Update from UN Trade and Development (UNCTAD), frict…
Hidden cost of spiralling non-tariff measures Read More »
The story so far in 2026 has been quite a positive one for the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “the first four months of 2026 have delivered an unambiguous message from the dry bulk freight market: the sharp c…
Dry Bulk Market Returns to Path of Growth Read More »