The ongoing US–Iran conflict has severely disrupted maritime traffic through the Strait of Hormuz—a narrow but strategically vital waterway between Oman and Iran that connects crude oil exporters in the Persian Gulf with global markets. In response to …
US–Iran war: Implications for the crude tanker market Read More »
Demand for second hand dry bulkers has grown considerably during the few weeks of 2026. In its latest weekly report, shipbroker Xclusiv said that “from 1 Jan to 20 Feb 2026, the dry bulk S&P tape has been running at a materially stronger tempo comp…
Dry Bulk Ships in High Demand Read More »
Aframax mainstream tonne-miles demand has set seasonal highs so far in 2026, with freight rates striking multi-year highs. However, beneath the headline strength, a nuanced vessel-supply-side picture hints that net fleet growth is set to accelerate thi…
Is Aframax return to glory sustainable? Read More »
With Capesize earnings expected to remain firm, the strength of the Cape market is likely to continue to support Panamax freight rates. A key driver of this continued correlation will be competition on major coal routes that still employ both Cape and …
Structural shift in Capesize trade supports Panamax coal opportunities Read More »
Rates for VLCC tankers have been rallying hard over the past few days. In its latest weekly report, shipbroker Gibson said that “the VLCC market has reawakened with force. Benchmark TD3C earnings have surged to above $200,000/day, a level not seen sinc…
VLCC Tanker Markets Sizzling Hot Read More »