The existing blockade of the Hormuz Strait could be far reaching and have long-lasting effects in the tanker market, essentially increasing ton-mile demand. In its latest weekly report, shipbroker Intermodal said that “in the VLCC market, Basrah export…
Tanker Market: Ton-Mile Demand Could Shift Read More »
The conflict has triggered a sharp repricing across tanker freight, but the response has not been uniform. Crude and clean tankers both rallied as disruption risk centred on the Middle East Gulf forced charterers and owners to reassess exposure to the …
Tanker freight behaviour diverges after the conflict shock Read More »
Events in the Middle East are once again reminding the world of a fundamental truth: global supply chains are not abstract systems. They are physical, exposed, and deeply intertwined with the wider world economy. Disruption in one region now reverberat…
BIMCO: Geopolitics, supply chains – and the human face of global trade Read More »
The product tanker market has been adapting to the new market reality that has been shaping after the war in Iran. In its latest weekly report, shipbroker Gibson said that “the conflict in Iran concludes its eighth week and tanker markets are adapting …
Product Tanker Market Adapting to The New Market Realities Read More »
Capesize The market began the week with strong upward momentum, briefly pushing the BCI 182 5TC to the cusp of $39,000, supported primarily by strength in the Atlantic basin. Early gains were driven by a firm C3 market and a tightening ballaster list, …
Dry Bulk Market Trending Higher Read More »