Since 13 April, the challenge for vessels to enter or leave the Middle East Gulf has been complicated significantly. While in the first 1.5 months of the conflict the full focus was on the Strait of Hormuz, the targeted US blockade on Iranian or Iran-r…
Transit or no transit – that’s the question Read More »
AXSMarine AIS-derived crossing data, collected continuously from 1 March through 21 April 2026, documents how the Strait of Hormuz has functioned – and who has been willing to use it – in the weeks since the conflict began. From Stillness t…
The Strait After the Ceasefire. Seven Weeks of Data from the Gulf’s Only Maritime Exit Read More »
The case of Eagle Bulk Pte Ltd (now Star Bulk (Singapore) Pte Ltd) -v- Traxys North America LLC (MV Canary) [2026] EWHC 518 (Comm) highlights that challenges under s.68 of the Arbitration Act 1996 (1996 Act) to arbitration awards, on the ground of seri…
Need for “fair, commercial, commonsense reading” of awards Read More »
The Bulker market entered 2026 with momentum, supported by firm asset values and solid secondhand activity. That momentum has since been tempered by the escalating crisis at the Strait of Hormuz, which has progressively weighed on ordering confidence, …
How the Strait of Hormuz Crisis is Reshaping the Bulker Market Read More »
MR ballasters in the Atlantic Basin have remained broadly rangebound, even in the post-war environment. This reflects largely offsetting vessel flows: while MRs in the Atlantic Basin have been fixing cargoes for voyages into the Pacific Basin, this has…
Atlantic MR Balance to Tighten as Eastbound Flows Dominate Read More »