Panamaxes Steal the Spotlight as Dry Bulk Rallies – Over the past two weeks, Panamax spot rates have demonstrated an impressive and largely unexpected performance, with the Index reaching its highest levels in over a year and currently hovering around the 16,000 mark.

VLCC Freight Market Stabilizes Amid Geopolitics and Tariff Uncertainty – The VLCC market continues to be highly susceptible to external shocks arising from geopolitical risks, escalating marine insurance costs, and potential tariff threats.