A Solid First Half for Dry Bulk Shipping – Notwithstanding prevailing market uncertainty, the dry bulk shipping sector achieved an exceptionally strong performance in the first half of the year, characterized by tight global vessel supply that drove average earnings across all asset classes well above historical benchmarks.

VLCC Spot Drops from Crisis Highs, but Volatility Remains – The Very Large Crude Carrier (VLCC) Arabian Gulf (AG) market experienced extreme volatility during the past week, with spot rates fluctuating sharply due to dynamic geopolitical risks in the Strait of Hormuz.