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
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
Stronger freight earnings, diversified commodity demand and rising vessel utilisation have pushed dry bulk asset values sharply higher, reinforcing buyer confidence and supporting secondhand prices across virtually all vessel segments
While the world fixes its gaze on the Strait of Hormuz, Black Sea shipping is living through its own escalation cycle, quieter, older, and arguably more structurally dangerous for commercial operators
Drawing on market data from the week ending 19 June 2026, the dry bulk market revealed a familiar pattern: Atlantic strength continued to outpace Pacific softness, keeping overall sentiment moderately bullish
During the week ending 19 June 2026, dry bulk freight markets remained largely stable as owners and charterers waited for greater clarity on the evolving Iran–U.S. agreement, with Panamaxes providing the market’s main source of volatility
The Strait of Hormuz reopened and then closed again this week as the United States and Iran signed a peace deal, while global shipping markets repriced freight, bunkers and sentiment, 14–20 June 2026
Drawing on market data from the week ending 12 June 2026, the structural tightening driving Ultramax & Handysize freight markets higher is becoming increasingly visible as shrinking vessel availability and resilient cargo demand continue to strengthen owners’ negotiating power across key global trading basins
Why the Ultramax and Handysize segments are quietly becoming the most strategic space in dry bulk shipping during the week ending 22 May 2026, as disruption, positioning and regional fragmentation increasingly reshape freight market behaviour
During the week ending 22 May 2026, the dry bulk market entered corrective territory, with Panamaxes leading losses while Capes, Ultramaxes and Handies recorded softer and uneven adjustments
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