The SeaNation team presents the latest analysis from Xclusiv Shipbrokers, Inc., highlighting how shifting crude export origins, rather than volumes alone, are reshaping tanker demand, tonne-mile utilisation and global shipping markets
Saudi Arabia successfully reduced its reliance on the Strait of Hormuz, but rising Red Sea security threats are creating new vulnerabilities for energy exports, global shipping, freight markets and international supply chains
The dry bulk orderbook expanded sharply during the first half of 2026, with Greek owners leading newbuilding activity as contracting accelerated, deliveries increased, and sale and purchase markets remained active across both dry bulk and tanker sectors
Stronger freight earnings, diversified commodity demand and rising vessel utilisation have pushed dry bulk asset values sharply higher, reinforcing buyer confidence and supporting secondhand prices across virtually all vessel segments