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.

EU ETS revision: European Shipowners call for permanent ETS derogations for islands, outermost regions and ice-classed ships

Ahead of the upcoming revision of the EU Emissions Trading System (ETS), European Shipowners | ECSA call on the Commission to make the maritime derogations permanent beyond 2030 and to ensure they are fit for purpose.  

Global Market Pulse for Ultramaxes & Handies : A Tale of Two Markets as Atlantic Strength Meets Asian Caution

By Iakovos (Jack) Archontakis

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

Week Ending 10 July 2026

The Handy and Ultramax markets closed the week with a more differentiated picture emerging across the various trading regions. While some areas continued to benefit from firm vessel availability and resilient cargo demand, others showed early signs of adjustment as Charterers became increasingly selective and Owners began reassessing expectations following recent strength.

Capesizes Steer Dry Bulk Market Higher as Atlantic and Pacific Strengthen

By Iakovos (Jack) Archontakis

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

and
Dr. Fotios-Evangelos Karlis
Maritime Executive & Shipping Consultant

The dry bulk freight market extended its upward momentum this week, driven primarily by a strong Capesize rally, with the segment posting double-digit gains compared with the previous week.

ICS Driving Practical Ballast Water Outcomes for Global Shipping

The International Maritime Organization’s (IMO) review of the Ballast Water Management (BWM) Convention is currently one of the most significant regulatory works taking place.