International Shipping News

Hormuz Becomes a Holding Queue: Iran’s Toll Regime, Bilateral Carve-Outs, and a Bifurcating Strait

At a Glance Iran is moving to formalize a state-administered transit-toll regime under the new Persian Gulf Strait Authority (PGSA), with reported per-transit payments of up to $2 million settled in Chinese yuan and Bitcoin transfers to IRGC-linked wal…

Hormuz Becomes a Holding Queue: Iran’s Toll Regime, Bilateral Carve-Outs, and a Bifurcating Strait Read More »

Dry bulk market update: How Cape & Panamax freight markets are repricing under the new coal trade map

Freight firmness Cape Atlantic & Pacific and Panamax Pacific all printing higher rates. Supply is being absorbed. 02 Coal demand reshaped Strait of Hormuz disruption pushed thermal coal demand toward seaborne Asia. Panamax Pacific the immediate ben…

Dry bulk market update: How Cape & Panamax freight markets are repricing under the new coal trade map Read More »