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FREIGHT MARKETS

Miniature merchant vessels positioned across a large wooden table in a dimly lit strategic setting, with one vessel appearing recently moved, creating a sense of decision-making, uncertainty and competitive interaction

The freight market is not a market. It is a game

Game Theory reveals a simple truth about shipping: freight markets do not move through numbers alone, but through expectations, strategic choices and the constant anticipation of others’ next moves

Aerial view of a crude oil tanker underway on open turquoise water, helipad visible amidships

Decks and Deals Weekly #34

The week of March 1–7, 2026, handed global shipping its most disruptive seven days in decades: the Strait of Hormuz closed, tanker rates shattered records, and insurers quietly finished what the missiles started

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

Large container ship sailing in open sea under overcast sky, low-angle view, muted blue and grey tones, calm water, high-resolution horizontal image

Global shipping 2026: Calm nerves, sharp knives

Global shipping 2026 is shaping up as a year of controlled anxiety, where executives speak softly, watch capacity closely, distrust geopolitics deeply, and quietly fear that markets may punish complacency faster than strategy can react