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A weathered ship hull rests alone on a barren shoreline beneath sweeping high-altitude clouds stretching across a vast blue sky

Decks and Deals Weekly #48

The period of 29 June–4 July 2026 opened with Iran replacing drones with invoices, closed with France and the UK deploying warships, and delivered a $1.47 billion VLCC orderbook bet in between.

Low-angle view of a large commercial vessel’s bow cutting through rough seas beneath heavy clouds, with waves crashing against the hull

Decks and Deals Weekly #47

The week of 21–28 June 2026 delivered a drone strike on a trapped Evergreen vessel, a 39% VLCC rate collapse, container shipping’s third-largest spike in history, and a ceasefire that kept shooting

Aerial view of tightly packed colorful vessels moored in dark harbour waters, forming dense geometric patterns across a busy maritime dock

Decks and Deals Weekly #44

Between 17 and 23 May 2026, global shipping ran on four clocks: Trump halted Iran strikes, Brent dropped 5%, the BDI rally reversed, tankers softened, and containers climbed into an early peak

A maritime worker stands beside a bulk carrier at dusk under illuminated loading cranes in an industrial port terminal

Decks and Deals Weekly #43

Between 10 and 16 May 2026, the BDI broke 3,195 mid-week before a Friday correction, MR Atlantic earnings collapsed 60–75%, two more ships were attacked at Hormuz, Hapag-Lloyd swung to a Q1 loss, and Trump landed in Beijing to ask Xi for help reopening the strait that has shaped freight markets for ten weeks

Black-and-white photograph taken from inside a ferry or vessel cabin, showing a cargo ship crossing calm waters near a distant shoreline

Decks and Deals Weekly #42

Between 3 and 9 May 2026, global shipping markets digested a hardening Hormuz blockade, the Ocean Koi seizure, US-Iran live-fire exchanges, an Israeli counter-bid for ZIM, and a BDI rally through 3,000

Close-up of a ship’s winch with steel cable and rope, showing worn metal, rust, and industrial maritime equipment on deck

Decks and Deals Weekly #41

Between 26 April and 2 May 2026, global shipping markets confronted a hardening Hormuz blockade, MEPC 84 talks in London, the UAE’s surprise exit from OPEC+, and Hapag-Lloyd’s shareholder-cleared takeover bid for ZIM

Close-up of a large vessel’s stern, rudder and propeller exposed above churning surf against an overcast sky

Decks and Deals Weekly #39

April 13–19 2026 produced the Hormuz reopening that lasted thirty hours Iran declared the strait open oil fell 9 percent tankers moved and by Saturday morning Tehran had reversed course leaving markets wrong-footed

Rusted iron sculpture on a coastal cliff overlooking the open sea, with a sailboat visible on the horizon

Decks and Deals Weekly #38

The week of March 29 to April 4, 2026 brought a missile into Qatari sovereign waters, the first Western vessel through the Strait of Hormuz, and bunker prices that rewrote their record book

Weathered fishing vessel on a muddy shore under dark storm clouds, with rusted hull, hanging ropes, and calm water in the background

Decks and Deals Weekly #37

The week of March 22–28, 2026 reshaped global shipping as Hormuz turned into a toll-controlled chokepoint, tanker markets split sharply, and geopolitical shocks from Ukraine to Yemen redrew the map of risk

Storm waves crashing against rocky coastline under dark clouds, symbolizing global shipping disruption, geopolitical tension, and blocked maritime routes in March 2026

Decks and Deals Weekly #36

Between 15 and 21 March 2026, global shipping faced its most compressed week of crisis and calculation — war insurance at 5%, a collapsed record fixture, a proxy fight, and Trump walking away from Hormuz