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Shipping

In the Pacific, the return of the major miners proved instrumental in shifting market momentum.

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Jul 3, 2026)

Sinokor has emerged as a major owner of supertankers moving crude out of the Persian Gulf.

The supertanker tycoon making millions on Hormuz shuttle runs

Oil tanker markets are having one of the most lucrative years ever

At least eight vessels were seen U-turning on Jul 3 and 4 as they sailed through the Strait of Hormuz along the Omani route.

Fewer ships transiting Strait of Hormuz along Oman coast after U-turns

No immediate explanation has been given for the sharp reversals

Iran has come to view its ability to threaten shipping in the strait as a useful source of leverage in its dealings with foreign powers.

Global Enterprise

After the US-Iran war, is free navigation in the Strait of Hormuz gone for good?

The US has said in the past that paying tolls to Iran’s government would be a sanctionable act

Chancay port is operated by Chinese-owned Cosco Shipping Ports, which was designed to cut shipping times between Latin America and Asia.

Global Enterprise

Peru court restores state oversight over China’s Cosco mega-port in win for US

The ruling overturns a January decision that said the Pacific port of Chancay was exempt from some oversight by Peru

The investment underscores Adani Ports’ strategy of deepening partnerships with global port operators to drive traffic.

Global Enterprise

Adani Ports to sell 49% stake in Indian port to Swiss shipping giant MSC for US$1.4 billion

The deal marks Adani Ports’ third partnership with the shipping company

Cargo ships in the Gulf, near the Strait of Hormuz, March 11, 2026.

Global Enterprise

Middle East producers push on with oil and LNG loadings despite ship attacks

Shipping activity remains far off pre-conflict levels of 125 daily sailings

In Asia, conditions were generally balanced but quieter, with limited activity and steady sentiment supported by selected steel demand.

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Jun 26, 2026)

The average vessel waiting time for Singapore is more than one day, industry data shows.

Transport & Logistics

More freight, bad weather cause delays in Singapore port

PSA observes higher vessel arrival volumes, says conditions are expected to be temporary

The Oman incident is likely to refocus attention on the extent of Iran’s future control over the Strait of Hormuz.

Global Enterprise

UN halts escort of ships through Hormuz after vessel comes under attack

Iran has signalled it would continue to assert control over the strait

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