The dry bulk market entered 2026 with a stronger-than-expected start. January rates came in well above seasonal norms across all vessel classes, a strong early signal for the year ahead. Despite structural headwinds, China’s economic slowdown, a coal t…
How Shifting Trade Flows are Driving Dry Bulk Demand in 2026 Read More »
The global shipping industry is currently wrestling with a significant escalation of geopolitical tension in the Middle East following the reported de facto closure of the Strait of Hormuz. While the UK Maritime Trade Operations (UKMTO) has clarified t…
Navigating a de facto closure Read More »
Capesize The market experienced a volatile but ultimately firmer week, shaped largely by fluctuations in bunker prices. Early in the week, the market strengthened sharply as Brent crude surged above the $100 threshold, inflating voyage calculations and…
Dry Bulk Market: Capesizes Firming Up Read More »
Drewry expects about 25% of the total vessel demand to be for replacement tonnage by 2035. While over 550 LNGCs will be required by 2035, 140 LNGCs will be needed to offset the tonnage lost from accelerated demolitions. We expect 100 steam turbine carr…
Shrinking lifeline for steam LNGCs — Are TFDE/DFDE carriers next? Read More »
As tensions in the Middle East persist, concerns continue to grow over the risk of prolonged disruption to maritime trade. Attention is increasingly focused on signs of safe passage through the Strait of Hormuz, particularly as the United States contin…
Vessel Transits Vs Vessel Count Inside Hormuz Read More »