Decks and Deals Weekly #35
Between 8 and 14 March 2026, the tanker market set confirmed all-time rate records, Greek-owned ships took direct hits in two separate war zones, and the IEA launched its largest-ever emergency oil release
Between 8 and 14 March 2026, the tanker market set confirmed all-time rate records, Greek-owned ships took direct hits in two separate war zones, and the IEA launched its largest-ever emergency oil release
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
Freight markets show selective resilience and disciplined consolidation across basins in the week that closed on 27 February 2026, with Ultramax and Handysize segments defending gains rather than extending them
Developments in the Middle East test global maritime trade routes, as rising geopolitical tension increases costs, alters shipping patterns, and places critical energy corridors under renewed pressure without any formal blockad
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
Atlantic Ultramax and Handy markets display structural strength, reshaping global freight dynamics during the week ending 13 February 2026, ahead of Lunar New Year and Ramadan seasonal pauses
Rising security scrutiny around Chinese-linked investments is reshaping Greece’s port and shipping landscape, as an espionage case injects geopolitical risk into markets already navigating shifting EU and transatlantic investment priorities
When the map becomes the business model, shipping stops pricing distance and fuel and starts pricing access, leverage, and geopolitical exposure, as routes evolve from neutral corridors into strategic assets shaping costs, risk, and reliability
The U.S.–Canada “port war” is escalating as Washington targets a tax loophole that gives Canadian ports a decisive advantage in handling U.S.-bound cargo
Global shipping faces a new era of permanent geopolitical instability, forcing industry leaders to reassess risk, strategy and investment amid regulatory uncertainty, technological transition and fragmented international decision-making