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Minimalist maritime scene showing calm open water with aligned navigation buoys under hazy daylight and no vessels in transit

Fleets change routes, insurers cut cover and war risk premiums surge

Shipping companies, insurers and energy traders are already changing operational behaviour as Middle East tensions disrupt routes, tighten insurance conditions and increase costs across the global maritime system, particularly around the Strait of Hormuz and the Red Sea

Large bulk carrier vessel sailing on open water under a partly cloudy sky, viewed from a low angle near the bow

The freight market moved with marginal fluctuations

The freight market showed marginal fluctuations across all vessel segments during the week that ended on May 1, 2026, with limited momentum despite regional variations and mixed supply-demand dynamics

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