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 »
The escalation of conflict across the Middle East and the disruption to energy flows through the Strait of Hormuz have introduced a variable into the maritime energy transition that regulatory frameworks were never designed to handle: the possibility t…
Crisis in the Middle East waterway places alternative shipping fuels in sharp focus Read More »
Capesize The market delivered a firm performance over the week, building momentum from a cautious but positive start into a broad-based midweek rally, before showing signs of consolidation at elevated levels by Thursday. The BCI 182 5TC gained over $6,…
Dry Bulk Market: Capesizes Showing Strong Momentum Read More »