Tensions in the Gulf have been escalating for nearly two weeks, culminating most recently in U.S. strikes on military targets on Kharg Island, Iran’s primary crude export terminal. In parallel with disruptions to export flows, Gulf producers have annou…
Crude-Laden Tankers Build in Hormuz as Production Cuts Loom Read More »
Recent events in Iran and the Middle East have sent shockwaves through Tanker markets, with conditions rapidly shifting into uncharted territory. The Strait of Hormuz, through which around 20% of global oil exports pass, now sits at the centre of the c…
VLCC Market: How the Hormuz Crisis Is Impacting Rates, Newbuilds, S&P, and Asset Values Read More »
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 »