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 »
China’s shipbuilding industry continues to dominate the global orderbook, and the past year has seen its top yards cement their grip on global contracting. The top 10 Chinese yards have collectively attracted significant newbuilding investment across a…
The Orderbook Giants: China’s Top 10 Yards Revealed Read More »
The US and Iran failed to reach a deal over the weekend, with the US announcing a complete blockade of Iranian ports, further undermining the already fragile two-week ceasefire starting from 8th April 2026. If enforced, vessel transits via the Strait o…
Stockdraws, sanction/replacement oil, demand loss Read More »
On February 28, the Iran war effectively closed the Strait of Hormuz. Within days, daily traffic through the world’s most critical oil chokepoint collapsed from roughly 120 vessels to a trickle — a 97% drop that left more than 800 ships stranded west o…
Windward: Q1 2026 Risk Report: Shipping’s Most Turbulent Quarter in 50 Years Read More »
Following last year’s US-China trade truce, China has resumed purchases of US grains and soybeans, a development welcomed by Washington after years of steadily declining volumes. Yet even as Beijing honours its commitments to American farmers, it is si…
What Does China’s Shifting Grain Supply Strategy Mean for Global Commodity Trade Flows? Read More »