Research Reports

Capesize rates fell significantly amid reduced activity, while Panamax and Supramax markets showed mixed trends, and Indonesia faces coal supply constraints despite favorable global demand conditions.

The week was successful for many tanker segments, though European MRs faced particular difficulty.

Interest in product tankers is again on the rise, indicating even greater fleet growth in coming years.

WCSA dry cargo rates are rising amid tightened tonnage, with Supramax rates increasing by 2.0 USD per day; port congestion remains a key concern, affecting operations in South American load ports.

This report is a quantitative tracking tool, summarizing fuel‑technology adoption rates and fleet composition for dry bulk, tankers, containers, and gas carriers.

Tight global supplies of refined products continue to create arbitrage opportunities.

Stalls in Middle East diplomacy suggest continued disruptions to oil supply, and prices are on the rise again.

Optimism about a deal to re-open the Strait of Hormuz has been limited.

Korean shipbuilders have registered 6.8m CGT contracts YTD, up 23.5 per cent on the year, while the tanker market faces transactional stagnation amid geopolitical concerns. The dry bulk sector sustained strong demand with firm asset values, especially in Kamsarmax sales.

Capesize market strengthened with BCI 5TC rising to USD 45,816 amid tightening tonnage, while Panamax P5TC reached USD 20,684; Handysize rates dropped to USD 15,729 due to weak demand and vessel oversupply.

Tensions in the Middle East continued to affect freight rates across sizebands.

The WCSA dry cargo market showed mixed trends, with Handysize rates decreasing due to increased vessel availability, while Supramax/Ultramax rates stabilized despite limited activity, suggesting ongoing pressure in the market.