The tanker market could be headed towards a new normal, significantly higher than the pre-Iran war period, but sill stable, compared to the wild volatility of the past couple of

Tensions in the Gulf have been escalating for nearly two weeks, culminating most recently in U.S. strikes on military targets on Kharg Island, Iran’s primary crude export terminal. In parallel

Recent events in Iran and the Middle East have sent shockwaves through Tanker markets, with conditions rapidly shifting into uncharted territory. The Strait of Hormuz, through which around 20% of

The dry bulk market could be facing a shortage of grain stocks over the next few months, which could have a negative impact on demand. In its latest weekly report,

The dry bulk market entered 2026 with a stronger-than-expected start. January rates came in well above seasonal norms across all vessel classes, a strong early signal for the year ahead.

The global shipping industry is currently wrestling with a significant escalation of geopolitical tension in the Middle East following the reported de facto closure of the Strait of Hormuz. While

Drewry expects about 25% of the total vessel demand to be for replacement tonnage by 2035. While over 550 LNGCs will be required by 2035, 140 LNGCs will be needed

Capesize The market experienced a volatile but ultimately firmer week, shaped largely by fluctuations in bunker prices. Early in the week, the market strengthened sharply as Brent crude surged above

The tanker market is still experiencing significant uncertainty and shifts of trade routes, as the Hormuz Strait, remains largely closed. In its latest weekly report, shipbroker Gibson said that “the