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“It won’t be tough to finish the job” – Middle East Latest
Iran has launched more attacks on vessels transiting the Strait of Hormuz, triggering more threats from the White House.
Mind the Macro

US-Iran Tensions Escalate, Oil Volatility, and Grain Route Disruptions
This edition covers the escalating US-Iran conflict impacting the Strait of Hormuz and oil prices, disruptions to Black Sea grain routes, Europe's contradictory gas market, and the container sector's long-term outlook amidst geopolitical unpredictability.
All Reports

Americas Report 16 July 2026
Dry bulk rates in the WCSA region stabilized amid decreased fixing activity and ongoing delays at crucial shipping chokepoints, with Supramax averaging USD 14,000 and Handysize USD 9,000 for key routes.

Americas Report 09 July 2026
Dry bulk activity in the WCSA surged this week, reducing handysize tonnage oversupply, while stability in the Supramax and Ultramax segments persisted amid ongoing delays in the Panama Canal and Puerto Quetzal.

Americas Report 02 July 2026
Dry Bulk markets in WCSA softened this week, with Handysize rates under pressure from increased tonnage and insufficient cargo volumes, amid significant delays at the Panama Canal affecting overall shipping efficiency.

Americas Report 25 June 2026
The WCSA dry bulk market is experiencing stable rates despite growing tonnage, with Supramax ranges between USD 21.0-24.0 for the Far East and USD 16.0-18.8 for USG-USEC, coupled with disruptions at Panama Canal and Puerto Quetzal.

Americas Report 18 June 2026
Dry bulk rates in the Americas show mixed trends, with WCSA benefiting from increased cargo flows while WCCA faces overcapacity, amidst ongoing Panama Canal congestion and a generally stable market outlook.

Americas Report 11 June 2026
WCSA dry bulk rates stabilized despite limited cargo activity, with Handysize under pressure from oversupply, while Supramax and Ultramax segments benefitted from tighter availability and increased activity in ECSA.

Americas Report 04 June 2026
West Coast South America dry bulk rates dropped due to limited cargo activity, while congestion at the Panama Canal impacts shipping efficiency; potential tightening in supply for Handysize vessels expected.

Americas Report 28 May 2026
The WCSA dry bulk market is softening amid increased vessel availability, with near-term demand driven by charterers covering cargoes for mid-June, while significant congestion at the Panama Canal poses further operational challenges.

Americas Report 22 May 2026
Week 21 saw subdued dry bulk activity in the Americas, especially in WCCA and Nopac, while handysize rates remained robust; Panama Canal delays and congestion at Puerto Quetzal are complicating shipping logistics.

Americas Report 14 May 2026
ECSA Panamax rates surge, supporting Ultramax rates amid subdued market activity and significant congestion at Panama Canal and Puerto Quetzal, while tonnage pivots towards the stronger ECSA region.

Americas Report 07 May 2026
The WCSA dry bulk market is gaining strength, with Supramax rates rising 52 per cent YoY amid decreasing tonnage and active charterer engagement to secure cargo, while congestion issues persist at strategic ports.

Americas Report 30 April 2026
Dry bulk rates in WCSA held steady amid an oversupplied market, with Supramax earnings to the Far East at USD 20,260, while congestion in the Panama Canal and Puerto Quetzal threatens operational efficiencies.
