Iran shuts down Strait of Hormuz again, demanding end to US blockade
Crucial waterway returns to its ‘previous state’, say Iran’s armed forces
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Some ships make dash for Hormuz as Trump claims Iran ‘agreed to everything’
Celestyal Cruises ship exits Gulf after spending war bottled inside
Some ships make dash for Hormuz as Trump claims Iran ‘agreed to everything’ Read More »
Tanker Market Reached Record Levels in March
Last month proved to be a record one for the tanker market. In its latest monthly report, OPEC said that in March, trade disruptions and moves to source alternative crude supplies pushed dirty tanker spot freight rates to record levels. On the West Afr…
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Panamax Supply Outlook as Hormuz Faces Strain
The ongoing uncertainty surrounding the Strait of Hormuz is impacting the Panamax dry bulk segment. According to recent media reports, a potential two-week extension to ceasefire discussions is under consideration, although this remains unconfirmed at …
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Global trade under siege
Yesterday’s global trade landscape is increasingly being defined by the shadows of war, with the number of active conflicts reaching levels not seen since the end of World War II. While the human toll is the most devastating consequence, analysis from …
Global trade under siege Read More »