Geopolitics, economic headwinds, shifting supply chains, digital breakthroughs, and sustainability pushes are converging to challenge trade in 2026, according to the UNCTAD Global Trade Update. These drivers are “redefining how countries engage in comm…
Global volatility and rising south to redefine trade Read More »
The Week in Focus Drone strikes in the Black Sea have targeted multiple commercial tankers awaiting loading at or near the Caspian Pipeline Consortium (CPC) terminal. U.S. forces have expanded interdiction under Operation Southern Spear, seizing multip…
Tanker Seizures and Drone Attacks Escalate Maritime Risk Read More »
The Baltic Capesize Index opened the week marginally firmer, while weekly performance remains lower, indicating continued sensitivity in the freight market. Ballaster availability remains elevated across both basins, with approximately 160 vessels (5-d…
January Snapshot: Capesize Ballasters & Demand Read More »
Potential redirection of Venezuelan crude oil exports could boost already high tanker rates in the near to medium term due to a shift to the mainstream fleet from shadow tankers, Fitch Ratings says. Any shift in the transportation of Iranian oil from t…
Tanker Shipping Rates May Rise due to Venezuelan Oil Redirection Read More »
A 5% increase in global steel exports in 2025 was driven by a surge in Chinese exports. Steel flows in 2025 are 5% higher than in 2024. China has driven the increase in outward steel flows, as its exports rose by 19%. Elsewhere, outward steel flows fel…
Commodity Radar: China continues to target export markets Read More »