The US–India trade agreement is expected to reduce India’s reliance on Russian crude oil, benefiting the mainstream fleet and tonne-mile demand. Although a complete halt is unlikely at the moment due to existing contracts, refinery constraints and geop…
US–India trade pact: A game changer for crude flows and VLCCs Read More »
As the dust settles on a historic year of upheaval, the global trade landscape is bracing for a starkly different reality in 2026. After a surprising 4.2% year-over-year expansion in 2025, economists at ING are forecasting a “significant slowdown…
Global trade braces for sharp cooldown Read More »
Market Overview The Baltic Dry Index (BDI) recorded a sharp recovery ahead of the Lunar New Year before correcting on Friday, 6 February 2026. While dry bulk indices have historically softened into the holiday period due to seasonal disruptions, index …
BDI vs BCI Ahead of the Lunar New Year Read More »
Capesize The market endured a broadly softer week, with sentiment cooling across both the Pacific and Atlantic as the BCI 182 5TC slid from the low $31,000s to finish closer to $26,468. Early optimism in the Pacific, driven by miner presence and steady…
Dry Bulk Market: A Softer Week All Around Read More »
The global tanker market opened 2026 hitting new highs. While dirty tanker rates continue their upward trajectory, mid-size crude tankers lead market gains, even as total crude and dirty petroleum product flows declined by approximately 2 million barre…