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 »
Indonesia–China coal trade weakness is negatively impacting Panamax tonne-mile demand, particularly on northern discharge routes. Key Takeaways The decline in Indonesian coal exports to China is becoming increasingly evident. La Niña-related rainfall d…
Weekly Dry Market Monitor: Weak Indonesian Coal Exports Pressure Panamax Tonne Days Read More »
With VLSFO topping $1,000/mt in some ports, bunkers can represent up to 60% of total voyage costs[1]. A vessel burning just 5% above CP spec creates exposure that shipowners and operators only discover after the fixture is done. This article breaks dow…
Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
Hormuz oil shock tilts shipping towards alternative fuels Read More »