VLCC Rates Face Reality Amid De-escalation, Lack of Disruptions – Following weeks of geopolitical tensions, the VLCC market is entering a phase of normalization after the landmark ceasefire agreement between Iran and Israel.
Capesize Spike Fades as Market Balance Loosens – The recent rally that pushed spot Capesize rates to the $30,000 mark is beginning to lose steam, with signs of weakness emerging in the Pacific market.