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Maritime Industry

A miniature sailing ship inside a glass bottle, reflected on a dark surface, photographed in vintage black-and-white style

Decks and Deals Weekly #32

During the week of 15–21 February 2026, global shipping was reshaped by Hapag-Lloyd’s $4.2bn ZIM bid, Hormuz tensions, surging tanker rates, container overcapacity, Ukrainian port strikes, and bold Greek newbuilding orders

Weathered wooden rowboat resting on calm reflective water at dusk, soft ripples and muted sky mirrored on the surface

Decks and Deals Weekly #31

Between 8–14 February 2026, the global shipping industry showcased a stark dichotomy: a record-breaking surge in newbuild orders, primarily in tankers, confronted the grim reality of looming overcapacity and falling freight rates

Black-and-white photograph of a stormy sea with waves breaking against a line of wooden groynes extending into the water

Decks and Deals Weekly #30

From 31 January to 7 February 2026, global shipping markets confronted structural distortions: collapsing shadow fleets, resilient mid-size tankers, aggressive Chinese-led newbuilding orders, and a widening gap between macro narratives and physical trade reality

Oil tanker at sea in heavy fog under overcast skies, partially obscured, isolated on calm water with low visibility

When the sea stops obeying the charts

Rethinking power, risk, and signal in the modern tanker market, this essay explores how perception, positioning, and reflexivity now shape freight behavior beyond traditional supply-and-demand logic

Aerial view of large container ships under construction at a major Asian shipyard, with cranes, dry docks, and multiple vessels visible

The 2026 global shipping outlook: A perfectly engineered glut

The global shipping outlook for 2026 is a masterclass in self-sabotage. After years of record profits, the industry has enthusiastically ordered enough new ships to guarantee a spectacular collapse in freight rates, creating chaos

Rocky shoreline with strong waves under a dramatic, cloud-filled sky at sunset, conveying a dynamic and unsettled seascape

Decks and Deals Weekly #29

Between 25–31 January 2026, global shipping trends revealed an industry under pressure, as freight rates softened, carrier earnings deteriorated, fleet expansion accelerated, and geopolitical uncertainty reshaped routing, risk pricing, and strategic decision-making across liner markets

A large container ship transits a narrow maritime chokepoint between rocky coastlines, viewed from above under dark, overcast conditions

Shipping in the age of geopolitical risk

When the map becomes the business model, shipping stops pricing distance and fuel and starts pricing access, leverage, and geopolitical exposure, as routes evolve from neutral corridors into strategic assets shaping costs, risk, and reliability

Digital satellite view of oceans at night, showing maritime data networks and a ship navigating complex, interconnected routes

The year the sea started watching back

In 2026, oceans evolved into sentient, strategic systems—driven by data, climate volatility, and geopolitics—forcing global shipping into a harsher, less forgiving reality where routes adapt, risks multiply, and foresight becomes survival

Abandoned ship under the Northern Lights, symbolizing transformation and change in maritime markets

Decks and Deals Weekly #28

Global shipping shook itself awake 18–24 January 2026: Maersk dared Suez, CMA CGM blinked, container rates crumbled, and Greek tankers skirted sanctions—capital and tanker deals whispered audacious confidence