Strait of Hormuz

This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.

The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part I: the impacts on non-tanker shipping segments.

This week, VLCC rates are going sideways, Capesize rates have reversed, and container shipping has yet to gain traction.

The already dicey relationship between the U.S. and China could get even dicier after a new sanctions decision.

Geopolitical risks are escalating, increasing the risk for petroleum shipments transiting the Strait of Hormuz.

Egypt seized a tanker loaded with Iranian crude oil in the latest incident to rattle the tense Mideast trade lane. Middle East Monitor reported that a Ukranian tanker was arrested 10 days ago as it was transiting the Suez Canal. News of the vessel seizure came after an Egyptian court sentenced one person and five […]

Geopolitical and trade tensions are having an increasing effect on shipping rates.