Ultramax & Handysize Markets Navigate a Summer Crosscurrent as Regional Strength Offsets Atlantic Pressure

By Iakovos (Jack) Archontakis

Senior Maritime Strategy Consultant - Chartering Executive & TMC Shipping  Commercial Director

Weekly Dry Bulk Market Review – Week Ending 17 July 2026

The global Ultramax and Handysize markets entered the second half of July facing a complex combination of seasonal slowdown, shifting cargo patterns and heightened geopolitical uncertainty.

European Shipowners see earmarking of ETS revenues as a first step, but more work is needed to deliver on competitiveness

The European Commission has published today the new EU ETS proposal. European Shipowners welcome the earmarking of ETS revenues at EU and national level, as well as the support for the uptake and availability of sustainable fuels – a long-awaited and important step in the right direction.

European Shipowners urge Commission to deliver on key EU ETS conditions

European shipping represents a geopolitical asset for Europe, facilitating the export and import of goods, food and energy. While the EU represents around 15% of the global GDP, the European shipping fleet is one of the largest in the world, representing around 34.5% of the world fleet in terms of global tonnage across all segments.

PPA S.A. publishes its 2025 Sustainability Report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG) principles into its corporate strategy and operations.

Statement from Thomas A. Kazakos, Secretary General of the International Chamber of Shipping, on the latest situation in the Strait of Hormuz

Thomas A. Kazakos, Secretary General of the International Chamber of Shipping, has issued the following statement on the latest situation in the Strait of Hormuz:

Xclusiv Shipbrokers, Inc.: The tanker newbuilding market has entered 2026 with considerably stronger momentum

The tanker newbuilding market has entered 2026 with considerably stronger momentum, reflecting growing confidence in long-term market fundamentals despite continued uncertainty surrounding environmental regulations and future propulsion technologies.