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The events of the past week, surrounding the situation in Hormuz, have shown a clear disconnect between what’s been said and the harsh reality. In its latest weekly report, shipbroker

The Bulker market entered 2026 with momentum, supported by firm asset values and solid secondhand activity. That momentum has since been tempered by the escalating crisis at the Strait of

MR ballasters in the Atlantic Basin have remained broadly rangebound, even in the post-war environment. This reflects largely offsetting vessel flows: while MRs in the Atlantic Basin have been fixing

The ship recycling markets have exhibited a mixed performance depending on each submarket. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “Indian

China’s shipbuilding industry continues to dominate the global orderbook, and the past year has seen its top yards cement their grip on global contracting. The top 10 Chinese yards have

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

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 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

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