The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normal…
Easing Red Sea crisis might squeeze LR rates amid ballooning fleet Read More »
“We forecast balanced supply and demand growth for the crude tanker market in 2026 but a weakening in 2027 as ship deliveries increase. Unfortunately, the product tanker market is expected to continue to weaken during both years as ship deliveries hit …
Tankers: Geopolitics Again Take Centre Stage Read More »
The Xeneta Ocean Outlook 2026 – published in October – highlighted overcapacity in container shipping as a key theme for the year ahead – and we are now seeing the different ways carriers will tackle this problem across the world’s major trades. With a…
Global trade routes are increasingly vulnerable as the world’s narrow shipping passages, known as maritime chokepoints, face mounting threats from both human-induced hazards such as conflict, piracy, and terrorism, and natural hazards driven by extreme…
Economies face $14 billion in annual losses from maritime chokepoint disruptions Read More »
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes …