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 »
Activity over the past week looked to be more dynamic in the S&P front, rather than the newbuilding market. In its latest weekly report, shipbroker Xclusiv said that “on the On the Newcastlemax sector, Chinese buyers acquired the “RTM CARTIER” R…
Ship Owners Move Towards Second Hand Vessels 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 »
A number of developments could turn India into the next major importer of dry bulk commodities, after China. In its latest weekly report, shipbroker Intermodal said that “in a global environment defined by geopolitical uncertainty and inflationary pres…
Dry Bulk Market: Is India Emerging as a Major Importer? Read More »