Shipping has again been at the “frontline” of geopolitical events, with a >90% drop in vessels transiting the Strait of Hormuz, attacks on vessels and ports, damage to energy infrastructure and highly volatile charter markets. After a dramatic week…
Shipping Markets Hit Record Highs: Taking Stock Read More »
A sharp decline in tanker transits through the Strait of Hormuz and rising floating storage in the Gulf signal a shift toward risk-managed energy transport rather than normal market operations. Recent AIS data now indicates that commercial tanker traff…
Strait of Hormuz Spotlight: Scenario Analysis Read More »
Clean LR2 MEG LR2 freight moved dramatically this week. The TC1 75kt MEG/Japan index ultimately went from WS222 to WS446, with the corresponding TCE climbing to $120,000/day on Baltic description round trip. A voyage west saw the TC20 90kt MEG/UK-Conti…
Tanker Shipping Rates Post Strong Gains on Middle East Worries Read More »
The continued attacks in the Gulf by the US/Israel have increased tensions around the key sea route passage, Strait of Hormuz, which handles around 2.9 mbpd of refined products such as naphtha and diesel. This massive volume accounts for almost 17% of …
US–Iran conflict to alter the trade pattern of product tankers Read More »
Executive Overview Tensions around the Strait of Hormuz are increasingly spilling into global oil markets, raising concerns about potential disruptions to one of the world’s most critical energy transit routes. As regional tensions evolve, the central …
Signal: Rising Tensions Since Saturday Escalate Energy Risk Read More »