Iran’s use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world’s most important oil e…
Iranian Swarms of Fast Boats Used to Seize Container Ships Add to Shipping Threats Read More »
The events of the past week, surrounding the situation in Hormuz, have shown a clear disconnect between what’s been said and the harsh reality. In its latest weekly report, shipbroker Xclusiv said that “even though Iran and the US formally agreed to ke…
Shipping Caught in the Crossfire 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 »
Customers ‘excited’ about vessel’s simultaneous work capabilities