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HORMUZ

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

A geared dry bulk vessel sailing through deep blue waters under clear skies, viewed from above at sea

Tight tonnage, shifting trade flows and a market in transition

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

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