Freight Rates

Disruption in the Strait of Hormuz led to a substantial profit drop for APM Terminals Bahrain in the first half of 2026

VLCC spot rates show extreme volatility due to security threats in the Strait of Hormuz and Red Sea.

MOL's Q1 revenue surged by 69% to ¥731 billion, yet ordinary profit remained unchanged due to high bunker costs and Hormuz disruptions

The Baltic Exchange's dry bulk freight index concluded a five-day winning streak, registering a slight decline.

Container ship time charter rates are rising, especially for short-term agreements, after a period of market stability

Genco Shipping & Trading, a leading U.S. drybulk shipowner, declared a $0.80 per share dividend for Q2 2026

US eastern railroads saw coal volumes rise in Q2 2026, primarily due to strong export demand offsetting domestic declines

US wholesale inventories rose by a modest 0.2%, falling short of expectations and suggesting a cautious business outlook

Matson expects its China services to remain at or near capacity through peak season due to export frontloading.

Global container shipping schedule reliability fell to 33% in July, with average delays increasing to 4.2 days.

North American intermodal transport is poised for a strong second half, boosted by rising diesel costs and elevated truck rates.

Iron ore futures climbed to CNY 715 per ton, recovering from 15-month lows due to new supply disruption concerns.

Global wheat prices are increasing due to Black Sea tensions and droughts in key agricultural regions.

Red Sea disruptions and a CPC pipeline halt are reshaping global oil flows, impacting prices and arbitrage opportunities.

MPP and breakbulk market sentiment has risen due to tonnage shortages in Asia and over 30-day berth delays at Red Sea ports

The Baltic Dry Index (BDI) has risen to a two-month high, largely supported by robust performance in the capesize sector

European natural gas prices are stable near three-week lows as traders weigh Middle East diplomatic progress against supply risks.

Maersk will add a $1,500 Peak Season Surcharge on dry containers from South Asia to Saudi Arabia and Jordan.

A weekly update on time charter rates for tanker and dry bulk shipping sectors as of August 5th.

Dalian iron ore futures rose, and Qingdao spot prices saw modest gains amid active trading and steel mill purchases

Thermal coal futures fell to $130 per ton in early August due to a 7.51% rise in India's domestic coal production.

Platts wheat benchmark hits 13-month low due to weak demand and increased Black Sea security risks

Wheat futures hit a three-week low, falling below $6.40 per bushel, driven by declining oil prices and broader agricultural market trends

European stocks are near record highs, boosted by strong corporate earnings and declining crude oil prices, despite geopolitical concerns

Shipping associations oppose new compulsory transit charges for vessels in the Strait of Hormuz, citing freedom of navigation.

The shipping industry faces continued uncertainty in the latter half of 2026 following significant geopolitical disruptions.

The Baltic Exchange's dry bulk freight index rose 3.3% to a three-week high, primarily due to surging capesize rates

Global container shipping volumes saw a slight decrease in the first half of 2026, after an increase in 2025.

The US Logistics Managers' Index eased in July, signaling a moderation in growth after a period of rapid expansion.

Wheat futures are expected to open lower on the Chicago Board of Trade, following recent gains tied to Black Sea export concerns