To restore flows to pre-conflict levels, a full reopening of the Strait of Hormuz must occur without Iranian-imposed conditions on the freedom of vessel movement. This remains unlikely under current dynamics. If Iran retains operational control, transi…
The illusion of reopening: What if Iran maintains control? Read More »
Greek owners have placed newbuilding orders worth over $10 billion during the first quarter of the year, with interest across all major shipping markets. In its latest weekly report, shipbroker Xclusiv said that “Greek newbuilding activity reached an e…
Greek Owners Invest Over $10 Billion in Newbuildings Read More »
During the last two months that the Middle East Gulf conflict has been going on, we have seen record repositioning of the mainstream VLGC fleet toward the US Gulf Coast, peaking at 150 vessels mid-March. As of April 30, the count of ballast VLGCs en-ro…
Is there a ceiling to VLGC freight rates? Read More »
The global shipping industry is no longer navigating isolated crises. It is operating within a persistent, interconnected risk environment, where geopolitical tensions, energy flows, food security, and insurance capacity are increasingly interdependent…
“Shipping at the Edge of a New Risk Order” Read More »
The dry bulk market is experiencing a redrawing of its global freight map lately. In its latest weekly report, shipbroker Intermodal said that “the corn market in 2026 is characterised by well-supplied conditions, due to strong harvests across the Amer…
Dry Bulk Shipping: Argentinian Market Adding Cargoes Read More »