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VLCC RATES

Black-and-white photograph of a decaying wooden boat with graffiti, partially submerged near a quiet shoreline under cloudy skies

Decks and Deals Weekly #40

The period 20–25 April 2026 produced the most intense maritime standoff since the tanker wars of the 1980s: the Hormuz blockade turned fully kinetic, Brent crossed $100, and six vessels were seized

Storm waves crashing against rocky coastline under dark clouds, symbolizing global shipping disruption, geopolitical tension, and blocked maritime routes in March 2026

Decks and Deals Weekly #36

Between 15 and 21 March 2026, global shipping faced its most compressed week of crisis and calculation — war insurance at 5%, a collapsed record fixture, a proxy fight, and Trump walking away from Hormuz

A weathered red wooden boat beached on a rocky shoreline, bound by fraying ropes, with a stormy sky and turquoise sea behind it

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

Black and white photograph of a small wooden boat carrying two silhouetted figures crossing a vast, calm sea under a featureless overcast sky

Decks and Deals Weekly #33

From February 22 to 28, 2026, the global shipping market absorbed three simultaneous shocks: a US-Israeli strike on Iran closed Hormuz, Panama ejected Hutchison, and container rates logged their seventh straight weekly decline

Two bright blue wooden shutters with black anchor symbols on a dark weathered wooden wall, illuminated by soft natural light

Decks and Deals Weekly #15

In the week of 19–25 October 2025, the global shipping market defied logic: tankers roared, containers sank, and Trump’s port fees drew $74 million in pain. Greek owners, meanwhile, raised a glass to the IMO’s latest postponement