One month of AIS-derived data from the world’s most consequential chokepoint and what it revealed about a dry bulk market frozen in place. Оn 28 February 2026, the Persian Gulf was running a normal book of business. Panamaxes were completing grai…
When the Gulf Went Still Read More »
The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market witnessed improved activity t…
Ship Recycling Taking a Hit From Geopolitical Tensions, But Sentiment Improved Last Week Read More »
BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically, Chief Safety & Security Officer, Jakob Larsen commented the following: Will ships trapped in the Persian Gulf seek t…
BIMCO: What Happens for Shipping After the Ceasefire Deal? Read More »
Six weeks into the Iran–US conflict, the closure of the Strait of Hormuz has triggered the most significant supply disruption in the modern oil market. Approximately 11 million barrels per day of crude production has been taken offline, export volumes …
The first quarter proved to be on of the strongest in recent years, in terms of S&P deals. In its latest weekly report, shipbroker Xclusiv said that “the first quarter of 2026 delivered one of the most active S&P periods in recent memory, with …
Ship Owners Invest Heavily in the Second Hand Market Read More »