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FREIGHT RATES

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

Large dry bulk carrier sailing at sea, with black and red hull, viewed from above against calm blue water

Dry bulk market holds steady on a waiting course

The dry bulk market remained steady during the week ending March 27, 2026, with minor rate fluctuations across segments and cautious sentiment among charterers and owners

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

Illustrated hourglass with miniature shipping containers falling instead of sand over a vintage world map showing global maritime routes

Hormuz shock and the shipping gamble

The duration of the crisis in the Strait of Hormuz will determine whether shipping markets see a temporary freight-rate boom or face the early signal of a broader global economic slowdown