Capesize The market began the week with strong upward momentum, briefly pushing the BCI 182 5TC to the cusp of $39,000, supported primarily by strength in the Atlantic basin. Early gains were driven by a firm C3 market and a tightening ballaster list, …
Dry Bulk Market Trending Higher Read More »
Since 13 April, the challenge for vessels to enter or leave the Middle East Gulf has been complicated significantly. While in the first 1.5 months of the conflict the full focus was on the Strait of Hormuz, the targeted US blockade on Iranian or Iran-r…
Transit or no transit – that’s the question Read More »
The dry bulk market has been supported from a further increase of Australian iron ore exports during the first quarter of 2026. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron or…
Dry Bulk Shipping: Australian Iron Ore Exports On the Rise Read More »
AXSMarine AIS-derived crossing data, collected continuously from 1 March through 21 April 2026, documents how the Strait of Hormuz has functioned – and who has been willing to use it – in the weeks since the conflict began. From Stillness t…
The Strait After the Ceasefire. Seven Weeks of Data from the Gulf’s Only Maritime Exit Read More »
The case of Eagle Bulk Pte Ltd (now Star Bulk (Singapore) Pte Ltd) -v- Traxys North America LLC (MV Canary) [2026] EWHC 518 (Comm) highlights that challenges under s.68 of the Arbitration Act 1996 (1996 Act) to arbitration awards, on the ground of seri…
Need for “fair, commercial, commonsense reading” of awards Read More »